The figure above shows the demand for and supply of rental housing in Smallton. If a rent ceiling is set at $800, there is
A) a shortage of 3,000 units of rental housing.
B) a shortage of 6,000 units of rental housing.
C) a surplus of 3,000 units of rental housing.
D) neither a shortage nor a surplus of rental housing.
D
Economics
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a. True b. False Indicate whether the statement is true or false
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