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Which of the following is not a result of government-imposed rent control?
Shortage
A situation where the demand for a product or service exceeds its supply in a market.
Equilibrium Quantity
Equilibrium Quantity is the quantity of goods or services supplied and demanded at the equilibrium price, where the quantity supplied equals the quantity demanded.
Demand and Supply of Wheat
Refers to the quantity of wheat that consumers are willing to purchase at various prices and the quantity that producers are willing to offer for sale, which together determine the market price of wheat.
Wheat Market
A specific commodity market focused on the buying and selling of wheat, influenced by factors like weather, production levels, and global demand.
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