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
Karolina [17]
3 years ago
8

Suppose it is decided that rent control in New York City will be abolished and that market rents will now prevail. Assume that a

ll rental units are identical and so are offered at the same rent. To address the plight of residents who may be unable to pay the market rent, an income supplement will be paid to all low income households equal to the difference between the old controlled rent and the new market rent. What effect will the elimination of the rent control have on the quantity and quality of rental housing supplied
Business
1 answer:
Studentka2010 [4]3 years ago
8 0

Answer:

The effect of the elimination of the rent control on the quantity and quality of rental housing supplied in New York City is:

increased quantity and quality of supplied rental housing.

Explanation:

In line with the laws of demand and supply, the quantity and quality supplied of the rental housing will increase drastically in New York City once rent control is abolished.  The only limiting factors will be the availability of resources, like land, labor, and capital for housing development.  If these resources are abundantly available, coupled with the presence of entrepreneurs, the number of rental housing will skyrocket in a few years to the extent that the housing market in the city will overrun demand.

You might be interested in
The flow of information and ideas from one person to another involving a sender method of transmitting the idea or content and r
Deffense [45]

Answer:

Communication

Explanation:

Communication is the exchange and flow of information and ideas from one person to another; it involves a sender transmitting an idea, information, or feeling to a receiver

5 0
3 years ago
Who will receive the vaccines if the university health center sells them for the $20.00 market price?
Vesna [10]

The students who will receive the vaccines if the University Health Center sells them for $20.00 are the students who will pay for them at that price.

<h3>Who will receive the vaccines?</h3>

The University Health Center has set a price of $20.00 for the vaccines which means that if a person wants a vaccine, they need to pay $20.

The people who will receive the vaccines therefore, are those students who are willing to pay for the vaccines at the price of $20.00.

Full question is:

University Health Center receives 500 flu vaccinations at the beginning of each flu season. Suppose they offer these vaccines for $20.00 each. Assume that college students have varying budgets, some have some money to spare, some are on a very tight budget. Some students have pre‑existing conditions, such as asthma and diabetes, that place them at high risk for the flu.

Who will receive the vaccines if the University Health Center sells them for this price?

  • the students who will pay for them at that price
  • the students who most need them the students with asthma and diabetes
  • the students who most want them

Find out more on market pricing at brainly.com/question/12960067.

#SPJ1

8 0
2 years ago
15 POINTS IF U ANSWER NOW!!!!! Which non-income factor for a potential job promotion would influence a person whose mother needs
Verdich [7]

Answer:

D. Family

Explanation:

5 0
3 years ago
An adult with a developmental disability works at a local product fulfillment and distribution center. She takes the bus to get
harkovskaia [24]

Answer: Tracking and identification.

Explanation: In other ease the woes and stress of such individual, integrating a tracking and identification capability on her app will be of great help. This will ensure that she could be easily and effectively located by leveraging the ability of the geographic positioning system in other to correctly get and know are current location. With these she could be picked easily when issues of drops off at the wrong location. Trackers allows one to determine the current location of items or individuals in which the tracking devices are placed on. As it also gives signals when one gets to the current position of the item or individual for proper identification. With these locating her will become very easy and hassle free during instances of wrong drop off.

7 0
3 years ago
Which of these is a characteristic of certificates of deposit (CDs)?
masha68 [24]

Answer:

They last for a certain period of time

Explanation:

Typically Certificates of Deposit are offered if the set amount is deposited and kept through the stated amount of time. (The length of the CD can be anywhere from 18 months to 3 years [most popular])  When the money is removed short of the stated time period a penalty is taken from the value of the CD.

5 0
3 years ago
Read 2 more answers
Other questions:
  • Every tangible product is made up of what
    6·1 answer
  • Toys R Fun purchased $4,000 of merchandise for resale and paid immediately. To record this transaction, Toys R Fun's accountant
    8·1 answer
  • Free enterprise and laissez-faire economies gave the most benefits to
    11·1 answer
  • Marks Corporation's balance sheet appears below: Comparative Balance Sheet Ending Balance Beginning Balance Assets: Cash and cas
    5·1 answer
  • I no longer have a question
    11·2 answers
  • The classical view of the economy holds that transitions to full employment are relatively quick.1. Under what condition(s) can
    15·1 answer
  • Read the following statements and decide in which one you think it is ?
    8·1 answer
  • A prosecutor convened a grand jury to bring criminal charges against a pharmaceutical corporation. The charges were related to a
    5·1 answer
  • You receive $100 today, $200 in one year, and $300 in two years. if you deposit these cash flows into an account earning 10 perc
    8·1 answer
  • The most likely cause of a shift of a production possibilities frontier of an economy ab to cd is:_________
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!