Jared is having a difficult time finding an apartment after the local government imposes a rent ceiling. What can you say about the rent ceiling?
A. The rent ceiling set by the government is not blocking the law of market forces.
B. The government set the rent ceiling above the market equilibrium rent.
C. The government set the rent ceiling equal to the market equilibrium rent.
D. The government set the rent ceiling below the market equilibrium rent.



Answer :

Other Questions