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
myrzilka [38]
3 years ago
15

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.
a.The future supply of rental housing units increases.
b.Efficient use of housing space results.
c.Nonprice methods of rationing emerge.
d.The quantity of available rental housing units falls.
Business
1 answer:
kupik [55]3 years ago
7 0

Answer: C) and D) answers.

Explanation: The rental market must have a free operation, that is, supply and demand have to set their price level, especially since, in this case, the product is not fungible, that is, it is not interchangeable. Each floor varies in location, number of square meters, construction qualities, etc. You cannot set a fixed reference price. Another of the most repeated consequences by experts is that the limitation will cause a reduction in supply, but demand will not go down, which will necessarily lead to greater tension in rental prices.

You might be interested in
Flora, who owns and operates garden fresh organic farms, agrees to sell harvesters grocery a minimum quantity of fresh fruits an
Rina8888 [55]
<span>Breached. Explanation: A contract is a legally binding agreement between two parties. Once an agreement is signed between two parties, both parties are subject to terms and conditions written in the agreement. As in the above example, Flora agrees to sell harvesters grocery a minimum quantity of fresh fruits and vegetables every week for three months, that means Flora is subject to the agreement that she will sell that no matter what the future market price will be, whether it increases or decreases. As Flora decides not to deliver the agreed order, it is a violation of terms and conditions of the agreement/contract. So the contract is breached.</span>
7 0
3 years ago
Gannon Enterprises is in the midst of a major strategic change. To lessen resistance from some of thesenior managers who are opp
lions [1.4K]

Answer:

C. negotiation

Explanation:

3 0
3 years ago
Read 2 more answers
Why are differentiation and low cost leadership strategies referred to as generic business strategies? they can be simultaneousl
kumpel [21]
<span>Differentiation and low cost leadership strategies are referred to as generic business strategies due to the fact that they can be used in basically any organization, regardless of the industry.</span>
7 0
3 years ago
Lydia really enjoys math and thinks that she would enjoy a job that involves analyzing data. Which job would be a good fit for h
Papessa [141]

the best choice would be to become a TAX AUDITOR.

8 0
3 years ago
Read 2 more answers
In Free Market Environmentalism, economists Terry Anderson and Donald Leal write, "Subsidized irrigation encourages farmers to b
Soloha48 [4]

Answer:

b

Explanation:

7 0
3 years ago
Other questions:
  • Five employees on the production line working together determine which person is performing which​ tasks, who becomes a member o
    6·1 answer
  • If your oil is low when you check it, add __________ of oil to your engine.
    5·1 answer
  • Dan is responsible for developing the promotional campaign for under armour’s new line of footwear for teens. he will be writing
    7·1 answer
  • Describe two disadvantages of early forms of money, and explain how they could have been fixed.
    15·2 answers
  • Who is commonly attributed for discovering the law of effect
    12·2 answers
  • The house that Jeanne inherited from her mother can rent for $1500/month, but Jeanne decides to allow her brother to stay there
    14·1 answer
  • Are the following statements true or false? Explain in each case.
    5·1 answer
  • Over time, external monitoring processes should capture information about the external environment in a format that can be refer
    5·1 answer
  • Which of the factors of industrialization does Baines cite in the reading? Check all that apply water power to run machines rive
    5·1 answer
  • Products that cost a lot of money but that people buy anyway because of the status and exclusivity that they project to others a
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!