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The initial equilibrium price for apartment rentals in Montreal is $1950. If the city of Montreal then introduces a price ceiling of $1325, this will
The initial equilibrium price for apartment rentals in Montreal is $1950. If the city of Montreal then introduces a price ceiling of $1325, this will result in a(n): Question 45 options: increase in producer surplus for each landlord. increase in consumer surplus for Montreal residents who can find apartments for $1325. increase in total surplus. surplus of new apartments in Montreal
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