Consider the market for rental apartments in the city of Ann Arbor. Hypothetical data on the market demand and market supply of rental apartments in Ann Arbor are provided in the accompanying table. Rent Quantity demanded Quantity supplied $2,000 5,000 13,000 $1,800 8,000 12,000 $1,600 11,000 11,000 $1,400 14,000 10,000 $1,200 17,000 9,000 a. Suppose that, to assist tenants, the government of Ann Arbor imposes a price ceiling (rent control) on apartments at $1,200 per unit. This would create a shortage of 8,000 uni ts. a decline in housing quality the development of a black market in housing