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Mark this question Question 7 A local government has imposed rent controls on the owners of rental units, setting a legal maximum rent per month.
Mark this question Question 7 A local government has imposed rent controls on the owners of rental units, setting a legal maximum rent per month. What kind of market follure is this, and what is the imbalance that arises as a result? O Information symmetry, a market advantage is created for the owners Government failure; a market advantage is created for the renters Government failure, a market advantage is created for the owners O Information asymmetry, a market advantage is created for the renters SAVE & CONTINUE Mostly dear Q Search
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