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Please choose the correct answer and show the detail calculation of the below figure 55) In the figure above, originally the apartment rental market is

Please choose the correct answer and show the detail calculation of the below figure

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55) In the figure above, originally the apartment rental market is in short-run and long-run equilibrium with a rent of $600 per month. Then the government imposes a rent ceiling of $500 per month. The rent ceiling leads to a 557 A) surplus of 1,000 apartments. B) shortage of 2,000 apartments. C) surplus of 2,000 apartments. D) shortage of 1,000 apartments. 2 ( cy part (dollars per month) 700 600 500 400 300 200 100 0 1 2 3 4 5 6 7 8 9 10 11 Quantity (thousands of units per month)

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