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In a housing market with no rent ceilings, the equilibrium rent is that for which the quantity of apartments demanded a. is greater than the quantity supplied. b. equals the quantity supplied. c. is less than the quantity supplied. d. might be greater than, equal to, or less than the quantity supplied depending on whether the supply curve is upward sloping, horizontal, or vertical. e. none of the above
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In a housing market with no rent ceilings, the equilibrium rent is that for which the quantity of ap...
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