Quantity of rooms rented and with rent ceiling is what

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The graph shows the demand for on campus student housing at the University of Texas at Austin the college had 12,500 rooms for rent. the equilibrium rent is 125 a week and 12,500 rooms are rented. if the college sets a rent ceiling on on-campus housing of 100 a week what is the quantity of rooms rented and with the rent ceiling the market is what?

Reference no: EM131092776

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