In the above example, what would the equilibrium price be if there were 24 apartments to rent?

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In the above example, what would the equilibrium price be if there were 24 apartments to rent? What if there were 26 apartments to rent? What if there were 25 apartments to rent?

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Intermediate Microeconomics

ISBN: 978-0393934243

8th edition

Authors: Hal R. Varian

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Question Posted: Feb 20, 2019 02:20 PM

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In the above example, what would the equilibrium price be if there were 24 apartments to rent?

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In the first case 500 and ...View the full answer

Intermediate Microeconomics

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