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Summation _9assignment 15. You own an apartment complex that falls under a government instituted price ceiling. A) Define Price Ceiling (also known as Rent Control)

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Summation _9assignment

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15. You own an apartment complex that falls under a government instituted price ceiling. A) Define Price Ceiling (also known as Rent Control) B) What effect will the price ceiling have on your willingness to maintain your apartments? C) What effect will the price ceiling have on demand? (Reference- Assignment 8)

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