Use the following to answer questions:
Figure: Supply and Demand 5 
-(Figure: Supply and Demand 5) Refer to the figure. In the figure, representing a market for apartments, with a rent-controlled price of $800, the long-run supply curve will be ______ elastic than the short-run supply curve, causing the _____.
Definitions:
UCC
All kinds of commercial dealings within the United States fall under the regulations of the expansive Uniform Commercial Code.
Breach of Contract
The failure to perform any term of a contract, agreement, or promise without a legitimate legal excuse.
UCC
The Uniform Commercial Code (UCC) is a comprehensive set of laws governing all commercial transactions in the United States, intended to standardize and simplify the laws across states.
Cancelling Contract
The legal act of nullifying an agreement, making it legally void and releasing all parties from their obligations under that agreement.
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