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Use the following to answer questions:
Figure: Supply and Demand 5 Use the following to answer questions: Figure: Supply and Demand 5   -(Figure: Supply and Demand 5)  Refer to the figure. In the figure, representing a market for apartments, with a rent-controlled price of $800, the long-run supply curve will be ______ elastic than the short-run supply curve, causing the _____. A)  more; shortage to increase to 6,000 apartments B)  more; shortage to decrease to 3,000 apartments C)  less; shortage to increase to 6,000 apartments D)  less; surplus to decrease to 8,000 apartments
-(Figure: Supply and Demand 5) Refer to the figure. In the figure, representing a market for apartments, with a rent-controlled price of $800, the long-run supply curve will be ______ elastic than the short-run supply curve, causing the _____.


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