Figure: Short and Long Run Shortages Use the Figure

question 95

Multiple Choice

Figure: Short and Long Run Shortages Use the figure. At a rent-controlled price of $800, the short-run shortage of apartments is ________ and the long-run shortage is ________.

• A) 12,000; 4,000
• B) 4,000; 12,000
• C) 8,000; 4,000
• D) 8,000; 12,000

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Definitions:

Digital Rectal Exam

A physical examination method where a healthcare provider inserts a gloved, lubricated finger into the rectum to check for abnormalities.

Biopsy-Proven

Confirmation of a disease or condition by examining a tissue sample removed from a patient's body.

Sensitivity

The ability of a test to correctly identify those with the disease (true positive rate), indicating its reliability in detecting cases.

Infectious Disease

Diseases caused by pathogenic microorganisms, such as bacteria, viruses, parasites, or fungi; can be spread directly or indirectly from one person to another.