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Using economic concepts learned in class, economically evaluate a maximum price policy being implemented in Christchurch on the market for residential rental properties.As part of

Using economic concepts learned in class, economically evaluate a maximum price policy being implemented in Christchurch on the market for residential rental properties.As part of your answer, explain who wins and who loses from the maximum price policyAND WHY.Also explain whether you think the policy should be implemented or notand why/why not.DO NOT DRAW A DIAGRAM.(5 marks).

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