1 why does rent control result in a shortage of rental

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1. Why does rent control result in a shortage of rental units?

2. Any time there is a shortage of a good it means that the price is too low. Analyze this statement.

3. The governement's "war on Drugs" has been a complete failure. Is this a demand issue or supply issue? Depending upon your answer, what would be a more economically efficient way of approaching the problem

Reference no: EM13373292

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