When "Rent Controls" Result in a Shortage of Housing,landlords

question 102

Multiple Choice

When "rent controls" result in a shortage of housing,landlords

• A) use criteria other than price to allocate housing.
• B) lower the price to allocate the housing.
• C) attempt to attract renters.
• D) None of the above.

---

Definitions:

Techniques

Methods or ways of accomplishing tasks or achieving goals, especially those that require specific skills or knowledge.

Production

The process of creating goods or services through the combination of labor, materials, and technology to meet consumer demand.

Lumber

Wood that has been processed into beams and planks, a stage in the process of wood production.

Abstractions

A concept, idea, or philosophy that is detached from any specific instances or material entities.