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onthly Rent Apartments Demanded (per Year) Apartments Supplied (per Year) $ 1,000 5,500 0 1,500 5,300 3,500 2,000 5,100 4,100 2,500 4,900 4,400 3,000 4,700
onthly Rent Apartments Demanded (per Year) Apartments Supplied (per Year) $ 1,000 5,500 0 1,500 5,300 3,500 2,000 5,100 4,100 2,500 4,900 4,400 3,000 4,700 4,700 3,500 4,500 5,000 Using the table above, what if the city government could enforce a rent control law that sets the maximum rent that could be charged at $1,500? How many units would actually be rented? Multiple Choice 4,700 apartments 5,000 apartments 3,500 apartments 4,100 apartments
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