1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Ber [7]
3 years ago
9

Rent controls force landlords to price apartments below the equilibrium price level. An immediate effect is a shortage (excess d

emand) of apartments, because the quantity of apartments demanded is greater than the quantity supplied at the regulated price. When cities prevent landlords from charging market rents, which of the following are common long-run outcomes? Check all that apply. The quality of rental housing units falls. The quantity of available rental housing units falls. Nonprice methods of rationing emerge. Black markets develop.
Business
1 answer:
ch4aika [34]3 years ago
5 0

Answer:

Option (A) and (D) are correct.

Explanation:

When there is an enforcement by the government for rent control and force landlords to lower the apartment price below the equilibrium level.

This means that there is a fall in the price of apartments then this will lead to increase the demand for apartments by the consumers. Therefore, demand for apartments exceeds the supply of apartments. It will be less profitable for the suppliers to increase the supply of apartments. Hence, this will lead to fall in the quality of apartments because landlords are less interested in the maintenance of the apartments.

Lower price of apartments also results in black market. Most of the landlords are trying to fool the government and charge higher prices from the consumers. This will be done with no proper paper work and legal documentation. So, there is a creation of black market.

You might be interested in
The CEO of a multinational company finds that profits are drastically decreasing. He realizes that employees need to be immediat
dangina [55]

The CEO should use videoconference. In general, one should deliver straightforward and routine communications through less rich media and challenging and unique messages through richer media.

<h3><u>What are the advantages of Media in Business?</u></h3>
  • Helps in getting more awareness about the business to the employees, clients and public.
  • Cheap way of communication
  • With the advent of social media, advertisements can be made easy and conveniently
  • People can compare different products
  • Firms can maintain coordination of its employees
  • Recruit new hire
  • To conduct market research and ask for reviews
  • It provides great exposure
  • It provides a powerful marketing platform for free
  • It facilitates online discussions and meeting via videoconferencing, voice calls, etc.
  • Helps to reach a larger audience and inform a common thing.

You can learn more about Multinational Corporations here:

brainly.com/question/9970957

#SPJ4

4 0
1 year ago
20 POINTS!! WILL GIVE BRAINIEST!
padilas [110]
Food production is a global thing

Restaurants and culinary schools are mainly places that Are not global such as Stacy's is a great Restaurant that is probably in only few states. 

(idk if this is right but i hope it is) 
3 0
3 years ago
Definition of economic costs manuel lives in san diego and runs a business that sells guitars. in an average year, he re
Mice21 [21]
What was the question?
8 0
3 years ago
The quantity demanded of Blu-ray players increased 9% when the price of DVDs increased 5%. What is the estimated cross-price ela
Mila [183]

Answer:

cross price elasticity of demand = 1.8

Explanation:

cross price elasticity of demand = % change in quantity of X / % change in price of Y

cross price elasticity of demand = 9% / 5% = 1.8

When the cross price elasticity of demand is positive, it means that the products are substitutes. If the cross price elasticity is negative, then the products are complements.

8 0
3 years ago
Match the term with the correct definition.
bixtya [17]

Answer:

Matched as below

Explanation:

a. Cashier’s check: A draft drawn by a bank on itself

b. Check:  A draft drawn by a drawer ordering the drawee bank or financial institution to pay a certain amount of money to the holder on demand

c. Certified check:  A draft that is payable on demand, drawn on or payable through a bank, and specially designated

d. Traveler’s check: A draft that had been accepted by the bank on which it is drawn, promising to pay the check when it is presented

8 0
3 years ago
Other questions:
  • Andrew is a financial planner and charges fees of 2% for every investment made. He made investments worth $500,000. What amount
    8·1 answer
  • Item 4Item 4 You’ve collected the following information from your favorite financial website. 52-Week Price Stock (Div) Div Yld
    5·1 answer
  • ) Suppose I ask you to pick any four cards at random from a deck of 52, without replacement, and bet that if at least one of the
    10·1 answer
  • nnual salary allowance to Jack of $169,680. Interest of 7% on each partner's capital balance on January 1. Any remaining net inc
    12·1 answer
  • Proponents of diversity management contend that diversity-related initiatives can help Canada with enlarging its global markets.
    11·1 answer
  • URGENT!!!
    10·1 answer
  • Compare the two organizations you selected in terms of the public services they provide. How are they alike, and how are they di
    14·1 answer
  • A company purchased a commercial dishwasher by paying cash of $4,900. The dishwasher's fair value on the date of the purchase wa
    11·1 answer
  • An organization's investors and shareholders, employees, customers, and suppliers are considered its ____________, in contrast t
    10·1 answer
  • The following information pertains to Crane Company. 1. Cash balance per bank, July 31, $11,136. 2. July bank service charge not
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!