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4) Refer to Figure 6.1.1. Suppose the demand for rental housing is shown by demand curve Dy, and there is a rent ceiling of $150

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4) Refer to Figure 6.1.1. Suppose the demand for rental housing is shown by demand curve Dy, and there is a rent ceiling of $150 per room. What is the highest amount that would be expended on search activity? A) $200. B) $150. C) $100. D) $50. E) $0. Page 1

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