I would like assistance with the following questions please and thank you. 1. add the? short-run and? long-run rental housing supply curves to the accompanying figure, so that the? figure's three curves share point E. Carefully follow the instructions above. Do not draw any additional objects.

Regardless of the supply curve used, it is clear that the ; Rental Housing Market price ceiling produces a in the rental 150 housing market. A comparison of the short-run and long-hm shortages 125 indicates that the long-run shortage is - Which of the following is NOT a reason why the long-run shortage is larger? _. Q Price 0 A. The price ceiling is continuously lowered. Ceiling 50 Price up per month) '54 01 O B. Some older stmctures are allowed to deteriorate to the point that they are torn down. 25 O C. Fewer new apartments are built due to reduced protability. 0 10 20 30 40 50 O D. Some existing structures are converted to Quantity (hundreds of units) alternative uses. ' -