Use the Figure Below to Answer the Following Questions

question 120

Multiple Choice

Use the figure below to answer the following questions. Figure 6.1.1
-Refer to Figure 6.1.1.If the demand for rental housing increases and the demand curve shifts rightward from D₀ to D₁,and there is a strictly enforced rent ceiling of $150 per room,

• A)the number of rooms rented will increase to 2,000.
• B)the number of rooms rented is 1,500.
• C)there is a housing surplus of 500 rooms.
• D)the number of rooms rented decreases to 1,000.
• E)the rent is $175 per room.

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