Examlex

Solved

Figure: Short and Long Run Shortages Use the Figure

question 219

Multiple Choice

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


Definitions:

Related Questions