Refer to the Following Graph

question 130

Multiple Choice

Refer to the following graph. In New York City, the rent on many apartments is set below market rates. As a result, many people find that the only way to obtain an apartment is to make illegal payments to landlords. If Pc is the controlled rent, a best estimate of such "key" money is shown as:

• A) Pf.
• B) Pe.
• C) Pe minus Pc.
• D) Pf minus Pc.