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The Figure Above Shows the Supply and Demand Curves in the Market

question 134

Multiple Choice

   The figure above shows the supply and demand curves in the market for rental housing. A rent ceiling is set at $400 per month. -As shown in the figure above,the rent ceiling ________ consumer surplus and ________ producer surplus. A)  decreases; decreases B)  decreases; increases C)  increases; increases D)  increases; decreases E)  decreases; does not change
The figure above shows the supply and demand curves in the market for rental housing. A rent ceiling is set at $400 per month.
-As shown in the figure above,the rent ceiling ________ consumer surplus and ________ producer surplus.


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