1. Assume that r: is the market price of housing where the quantity demanded just equals the quantity supplied at equilibrium, as shown in the graph. Assume the government imposes a maximum price level of rm. According to the demand curve, how much of a rate-reduction will those renters willing to pay the most for h; receive when the total amount of housing produced falls from hi, to hrs at the new price rm? a. r2+ rm+ n b. rz- rrn c. r2+ rrn d. r1 rrn