The figure above illustrates the marginal private cost and the marginal social cost to the city of Seattle for each rock concert that is offered. It also illustrates the marginal private benefit. There is no external benefit

As shown in the figure above, the rent ceiling

A) decreases consumer surplus. B) increases producer surplus. C) decreases deadweight loss. D) increases the quantity of housing rented. E) is efficient.

Along a linear demand curve, as the price rises, demand becomes more

a. steep b. elastic c. inelastic d. unit elastic e. variable