Answer:
D) cause the quantity demanded to exceed the quantity supplied of rental housing.
Explanation:
A price ceiling is a binding government regulation in which it puts a cap on the price landlords can charge tenants to rent their properties. If this happens, there could be a rapid significant increase in the demand of apartments. This would lead to excess demand that the existing supply cannot meet , creating a shortage. The property owners may also choose to not rent their apartment at that lower price driving the supply even lower.
Answer:
Organizational Behavior Specialist
Explanation:
Based on the information provided within the question in regards to the situation, it seems that they should get an Organizational Behavior Specialist to work with the warring executives separately to solve the problem. These specialists analyze, assess, and provide advise to the company on how to solve a problem or improve performance and efficiency within the company.
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Answer:
. quantity supplied does not equal quantity demanded.
Explanation:
Disequilibrium is a situation where the market price is below or above the intersection point of the demand and supply curve. As a result, the market experiences a shortage or surplus of a product. Therefore, at disequilibrium, the quantity supplied does not match the quantity demanded.
Disequilibrium is the contrast of equilibrium. At equilibrium, supply matches demand, meaning there is no surplus or shortages in the market. If the quantity supplied exceeds quantity demanded, then the market experiences a surplus. Shortage arises if the quantity demanded is more than the quantity supplied.
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