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Economics Today The Macro View Ch.4 Practice Quiz/Exam Questions
The following table depicts the quantity demanded and quantity supplied of one-bedroom apartments in a small college town.The market price will be $_____ and the equilibrium quantity will be _____ apartments.If this town imposes a rent control of $450 per month, how many apartments are rented? _____.
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0%
$500; 20001800
0%
A higher price
0%
Above; surplus
0%
Vertical; price
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