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above graph, which shows the supply and demand for rental housing in a city. Given the demand D1 and the supply S1 for rental housing,
above graph, which shows the supply and demand for rental housing in a city. Given the demand D1 and the supply S1 for rental housing, if the government established rent controls in the city at below the equilibrium, then the price of housing would most likely be at: Multiple Choice P4 and there would be a surplus of rental housing. P2 and there would be a shortage of rental housing. P3 and there would be a surplus of rental housing. P1 and there would be a shortage of rental housing
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