If an Apartment Owner Charged ________ Than a Specified Rent

question 82

Multiple Choice

If an apartment owner charged ________ than a specified rent for housing,the government ________ impose a rent ceiling.

• A) more; can
• B) more; cannot
• C) less; can
• D) less; cannot
• E) less; might

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Definitions:

Mark-up on Cost

The percentage added to the cost price of goods to cover overhead and profit.

Lettuce

A leafy green vegetable commonly used in salads and sandwiches.

Selling Price

The amount for which something is sold; the price that a buyer pays.

Retail Price

The price at which goods or services are sold to the end consumer, inclusive of any markup from wholesalers or distributors.