(Figure: Rent Controls) Use Figure: Rent Controls.Without rent controls,the equilibrium quantity is:

A) Q₄.
B) Q₁.
C) Q₂.
D) Q₃.

Question

(Figure: Rent Controls) Use Figure: Rent Controls.Without rent controls,the equilibrium quantity is:A) Q 4 .B) Q 1 .C) Q 2 .D) Q 3 .

Gilberto Delgado · Accepted Answer

Final Answer : C, Explanation :  The equilibrium quantity is where the supply and demand curves intersect, which is represented by Q 2  in the given options.

(Figure: Rent Controls) Use Figure: Rent Controls.Without rent controls,the equilibrium quantity is:

A) Q₄.
B) Q₁.
C) Q₂.
D) Q₃.

Definitions

Learning Objectives

Learning Objectives

Related questions

(Figure: Rent Controls) Use Figure: Rent Controls.Without rent controls,the equilibrium quantity is:A) Q4.B) Q1.C) Q2.D) Q3.

Definitions

Learning Objectives

Learning Objectives

Related questions

(Figure: Rent Controls) Use Figure: Rent Controls.Without rent controls,the equilibrium quantity is:

A) Q₄.
B) Q₁.
C) Q₂.
D) Q₃.