Question
price, rent Q,D QS 1300 130 35 1350 115 37 1400 100 41 1450 80 45 1500 72 52 1550 60 60 1600 55 70
| price, rent | Q,D | QS |
| 1300 | 130 | 35 |
| 1350 | 115 | 37 |
| 1400 | 100 | 41 |
| 1450 | 80 | 45 |
| 1500 | 72 | 52 |
| 1550 | 60 | 60 |
| 1600 | 55 | 70 |
| 1650 | 48 | 75 |
A. If the monthly rent is $1600, is there a SHORTAGE OR SURPLUS? What will RENT RATES DO? B. If monthly rent is $1350, is there a SHORTAGE or SURPLUS of apartments? What will RENT RATES DO? C. What is the equilibrium number of apartments per month?
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Global Capitalism Its Fall And Rise In The Twentieth Century
Authors: Jeffry Frieden
1st Edition
039332981X, 9780393329810
