204k views
3 votes
Rent control, which sets apartment rents below the equilibrium price, is an example of a

User Beigirad
by
8.9k points

2 Answers

2 votes

Rent control, which sets apartment rents below the equilibrium price, is an example of a ceiling.

User Martin Lang
by
8.6k points
2 votes
Rent control, which sets apartment rents below the equilibrium price, is an example of a GOVERNMENT-MANDATED PRICE CONTROL.

Rent control benefits the tenants because the landlord can't demand they pay higher rent under the Rent Control Act of 2009.
User Peterhry
by
8.6k points

No related questions found