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In a small city, the supply of apartments is Q5 = 12000 + 0.5P, and the demand is QD = 15600 - 2.5P, where P

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In a small city, the supply of apartments is Q5 = 12000 + 0.5P, and the demand is QD = 15600 - 2.5P, where P is the rent per month. The city has introduced a rent control ordinance that imposes a maximum monthly rent of rent of $1600. Under these conditions, the number of occupied apartments will be 0 12000 C) 12800 0 12600 0 11600

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