The government is interested in imposing an effective price ceiling in the following rental housing market. Label the initial price to consumers PC0, the initial price to producers PP0, the initial quantity demanded QC0, the initial quantity supplied QP0, and the quantity exchanged QE0. Clearly show the price ceiling and label the new price to consumers PC1, the new price to producers PP1, the new quantity demanded QC1, the new quantity supplied QP1, and the quantity exchanged QE1. Shade in the area showing the amount of expenditures consumers undertake in this market (after the imposition of the price ceiling).

SSR Price D SLR Quantity