The government imposes a maximum price on apartments

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Reference no: EM13818109

The government imposes a maximum price on apartments that is below the equilibrium price. You accurately predict that:

A) the law will create an excess supply of apartments.

B) the law will have no economic impact.

C) there will be fewer apartments available to rent.

D) renters will find that landlords start offering to furnish the apartments.

Reference no: EM13818109

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