Exhibit: The diagram below is a typical configuration for: 
Definitions:
Price Ceiling
A government-imposed limit on how high a price is charged for a product, service, or commodity, intended to protect consumers from high prices.
Persistent Shortage
A situation where the demand for a good or service consistently exceeds its supply, over a significant period of time.
Deadweight Loss
The loss of economic efficiency when the equilibrium for a good or a service is not achieved or is not achievable.
Rent Control
A government policy or law that sets a maximum price landlords can charge for rent.
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