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  3. figure rent controls rent per period rent renta re

Figure Rent Controls Rent per period Rent Renta Rent Rent Rento S D Qo Q1...

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Basic Math

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Figure Rent Controls Rent per period Rent Renta Rent Rent Rento S D Qo Q1 Q2 Q3 Q4 Quantity of rental units per period 39 Figure Rent Controls Look at the figure Rent Controls If rent controls are set at Rento renters would be willing to pay a price at least as high as A Rent for Qo units B Rent4 for Q units C Renta for Q units D No one would be willing to pay a higher actual price than Rento 40 Figure Rent Controls Look again at the figure Rent Controls If rent controls are set a Rent

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