What is a rent ceiling and what are its effects if it is set above the equilibrium

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What is a rent ceiling and what are its effects if it is set above the equilibrium rent?

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Microeconomics

ISBN: 978-0133019940

11th edition

Authors: Michael Parkin

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Question Posted: Dec 15, 2015 07:02 AM

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What is a rent ceiling and what are its effects if it is set above the equilibrium

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A rent ceiling is a specific example of a price ceiling A r...View the full answer

Microeconomics

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