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1,000 Rent (dollars per month) 800 600 400 200 D O 2 3 4 5 6 Quantity (thousands of apartments per month) The figure above

1,000 Rent (dollars per month) 800 600 400 200 D O 2 3 4 5 6 Quantity (thousands of apartments per month) The figure above shows the demand for and supply of rental apartments. If a rent ceiling is set at $400, what is the rent? $600 O $400 $800 None of the above answers is correct

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