Rent controls
A) create a deadweight loss.
B) increase maintenance by landlords.
C) benefit people who live in rent controlled apartments.
D) Both answers A and C are correct.
E) Both answers B and C are correct.
D
Economics
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If two goods, "x" and "y", are perfect substitutes, then which of the following best represents the utility function for the two goods?
A) U = x + y B) U = x ? y C) U = x2 + y2 D) Any of the above.
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If the security guard knows that the shoplifter has been caught before, his best response would be
a. Being watchful b. Sleeping on the job c. Run d. Hide
Economics