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

question 9

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. -In the figure above,with the rent ceiling A)  there is a shortage of 3,000 units. B)  there is a surplus of 3,000 units. C)  there is a surplus of 2,000 units. D)  there is a shortage of 1,000 units. E)  the market is in equilibrium.
The figure above shows the supply and demand curves in the market for rental housing. A rent ceiling is set at $400 per month.
-In the figure above,with the rent ceiling

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