Use the Following to Answer Question

question 181

Multiple Choice

Use the following to answer question:
-(Table: Market for Apartments) Use Table: Market for Apartments.If a government price ceiling of $600 is imposed on this market,the result will be an inefficiency in the form of a _____ million apartments.

• A)surplus of 0.6
• B)surplus of 0.8
• C)shortage of 0.8
• D)shortage of 0.6

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Definitions:

Retrofitting

The process of adding new technology or features to an existing system, machine, or building to improve its functionality or performance.

R-12

Theoretically illegal but still available refrigerant. GWP rating is 10,900.

Vacuum Pump

A device that removes gas molecules from a sealed volume in order to create a partial vacuum.

Refrigerant Container

A special container designed to hold refrigerant, a substance used in air conditioning systems to absorb and release heat, under pressure.