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35 2.5 Points Figure 4-5 Figure 4-5 shows the market for apartments in Springfield. Recently, the government imposed a rent ceiling of $1,000 per month.
35 2.5 Points Figure 4-5 Figure 4-5 shows the market for apartments in Springfield. Recently, the government imposed a rent ceiling of $1,000 per month. At that price, what is the size of the excess supply? There is no excess supply 200 apartments 400 apartments 600 apartments
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