Rent control policies tend to cause Group of answer choices relatively smaller shortages in the short run than in the long run because supply and demand tends to be more elastic in the short run than in the long run. relatively larger shortages in the short run than in the long run because supply and demand tends to be more elastic in the short run than in the long run. relatively larger shortages in the short run than in the long run because supply and demand tends to be more inelastic in the short run than in the long run. relatively smaller shortages in the short run than in the long run because supply and demand tends to be more inelastic in the short run than in the long run