A Rent Ceiling Controls the Rent Portion of the Cost

question 25

Multiple Choice

A rent ceiling controls the rent portion of the cost of housing but not the search cost.So when the search cost is ________ the rent,some people end up paying a ________ opportunity cost for housing than they would if there were no rent ceiling.

• A) added to; lower
• B) subtracted from; higher
• C) subtracted from; lower
• D) added to; higher
• E) equal to; lower

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