Business, 11.10.2019 02:00 montgomerykarloxc24x

Rent control policies tend to cause
a. relatively smaller shortages in the short run than in the long run because supply and demand tends to be more elastic in the short run than in the long run.
b. relatively larger shortages in the short run than in the long run because supply and demand tends to be more elastic in the short run than in the long run.
c. relatively larger shortages in the short run than in the long run because supply and demand tends to be more inelastic in the short run than in the long run.
d. relatively smaller shortages in the short run than in the long run because supply and demand tends to be more inelastic in the short run than in the long run.

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Rent control policies tend to cause
a. relatively smaller shortages in the short run than in...

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