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28 Sep 2019
Qs=10,000+25R
Qd=100,000-25R
What is market equilibrium rent and number of rental properties rented?
A ceiling price (max rent) is imposed at $1,300, what would be market shortage?
How much public funding is necessary to support this rent subsidy program with ceiling price of $1,300?
If goal of rent control policy is to provide low cost rental housing to 70,000 low income households (Qd=70,000), how much should ceiling price be?
Qs=10,000+25R
Qd=100,000-25R
What is market equilibrium rent and number of rental properties rented?
A ceiling price (max rent) is imposed at $1,300, what would be market shortage?
How much public funding is necessary to support this rent subsidy program with ceiling price of $1,300?
If goal of rent control policy is to provide low cost rental housing to 70,000 low income households (Qd=70,000), how much should ceiling price be?
1
answer
0
watching
151
views
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Keith LeannonLv2
28 Sep 2019