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Suppose that the equilibrium rent for apartments in San Francisco is $1,300 per month. If the city of San Frsncisco legislates that apartments owners cannot

Suppose that the equilibrium rent for apartments in San Francisco is $1,300 per month. If the city of San Frsncisco legislates that apartments owners cannot charge rent higher than $1,000, then the apartment market in San Franciso will experience:

A. an increase in supply

B. a shortage

C. an excess supply

D. an equilibrium

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