Despite pleas for a freeze, stabilized rents to go up New York's Rent Guidelines Board ignored pleas from tenants and elected officials to freeze rents for the first time in its 40-year history and voted for increases of 3% on one-year leases and 6% on two-year leases. Maintenance costs for rent-stabilized buildings have increased 4%. Source: The New York Times, June 28, What is the effect of an increase in the rent ceiling on the market for rent-stabilized apartments? An increase in the rent ceiling A. decreases the supply of rent-stabilized apartments and increases the demand for rent-stabilized apartments O B. decreases the quantity of rent-stabilized apartments supplied and increases the quantity of rent-stabilized apartments demanded O C. increases the quantity of rent-stabilized apartments supplied and decreases the quantity of rent-stabilized apartments demanded O D. increases the supply of rent-stabilized apartments and decreases the demand for rent-stabilized apartmentsIndia looks at raising duty on steel imports to 20% India's steel imports are 58 percent higher than a year ago and the country's steel producers have complained that cheap imports have driven market prices below their production costs. What is the argument that Indian steel producers are using to support an increase in the tariff on steel imports? What is wrong with their argument? E) India is using the argument to support an increase in the tariff on steel imports. A. infantindustry lax environmental standard national security dumping 91.0.0? diversity and stability India's argument is misguided because . the best way to combat dumping is by applying a quota it is difcult to determine whether foreign producers are selling at prices below their costs and it is unlikely that they would want to do so . dumping can be easily discouraged by lowering Indian wage rates in the steel industry . dumping is legal under the rules of the WTO and India will have to become more competitive . there are no plausible reasons why dumping would ever occur SI