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nata0808 [166]
2 years ago
7

Big City has a price ceiling of $750 on rent. The price ceiling means there will be in the supply of rental spaces. Landlords wi

ll not raise rent prices as demand increases because they . According to the graph, rent would stabilize at if the price ceiling did not exist.
Social Studies
1 answer:
Yuri [45]2 years ago
9 0

Answer:

the price ceiling means there will be a (shortage) in the supply of rental spaces.

Landlords will not raise rent prices as a demand because they (are not allowed to)

According to the graph, rent would stabilize at ($1,000) if the price ceiling did not exist

Explanation:

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