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If the local government can enforce a rent-control law that sets the maximum monthly rent at $1.750, will there be a surplus or a shortage?

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If the local government can enforce a rent-control law that sets the maximum monthly rent at $1.750, will there be a surplus or a shortage? of how many units? apartments per month How many units will actually be rented each month? apartments Suppose that a new government is elected that wants to keep out the poor It declares that the minimum rent that can be charged is $2.750 per month if the government can enforce that price floor, will there be a surprise or a shortage ? of how many units? apartments per month How many units will actually be rented each month? apartments If the local government can enforce a rent-control law that sets the maximum monthly rent at $1.750, will there be a surplus or a shortage? of how many units? apartments per month How many units will actually be rented each month? apartments Suppose that a new government is elected that wants to keep out the poor It declares that the minimum rent that can be charged is $2.750 per month if the government can enforce that price floor, will there be a surprise or a shortage ? of how many units? apartments per month How many units will actually be rented each month? apartments

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