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aliina [53]
3 years ago
9

In a housing market with no rent ceilings, the equilibrium rent is that for which the quantity of apartments demanded a. is grea

ter than the quantity supplied. b. equals the quantity supplied. c. is less than the quantity supplied. d. might be greater than, equal to, or less than the quantity supplied depending on whether the supply curve is upward sloping, horizontal, or vertical. e. None of the above
Business
1 answer:
Amiraneli [1.4K]3 years ago
4 0

Answer:

The answer is: B) equals the quantity supplied.

Explanation:

For all products and services; the equilibrium price is always the price where the quantity supplied of a product or service (in this case apartments offered for rent) is equal to the quantity demanded of that product or service (in this case apartments demanded for rent).

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Answer:

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Explanation:

given data:

cost on wool when 10 sweater made in one month = $15

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Answer:

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3 years ago
Read 2 more answers
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