Figure: Rent Controls (Figure: Rent Controls) Look at the Figure Rent Controls.If Rent

question 195

Essay

Figure: Rent Controls
(Figure: Rent Controls) Look at the figure Rent Controls.If rent controls are set at Rent0, renters would be willing to pay a price at least as high as _.
A.Rent4 for Q0 units
B.Rent4 for Q₁ units
C.Rent3 for Q₁ units
D.No one would be willing to pay a higher actual price than Rent0.

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