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Ask me any claifying questions 1. (25 points) The demand function for rental apartments is D09) = 9001), and the supply function is S (p)

Ask me any claifying questions

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1. (25 points) The demand function for rental apartments is D09) = 9001), and the supply function is S (p) = 200 + p. (a) What is the equilibrium price (rent) and quantity of apartments rented? (b) What quantity tax 75 will maximize the government's revenue? (c) If the government makes it illegal for landlords to charge more than 15 of rent, what value of 13 results in the same deadweight loss as your answer in part (b)

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