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Oksana_A [137]
3 years ago
5

If a local government sets an apartment rent control price below the equilibrium, what is the MOST LIKELY outcome? A) The demand

and supply will increase. B) The increased supply will create a surplus. C) The increased demand will create a shortage. D) The demand will decrease and the supply will increase.
Social Studies
2 answers:
Aleksandr-060686 [28]3 years ago
8 0

Answer: C

Explanation:

wel3 years ago
5 0
Price will be below equilibrium causing C to happen
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An inferior good.

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