How does a free market eliminate a shortage

Reference no: EM131824310

Question: 1. How does a free market eliminate a shortage?

2. a. As we noted, Assar Lindbeck once said that short of aerial bombardment, rent control is the best way to destroy a city. What do you think Lindbeck might mean by this?

b. How does paying "key money" to a landlord reduce the severity of Lindbeck's "bombardment"?

Reference no: EM131824310

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