题目
Homework:ch6_homework
单项选择题
Part 1What is a rent ceiling and what are its effects if it is set above the equilibrium rent? Part 1A rent ceiling is _______. A. a price floor in the housing market B. the opportunity cost of renting an apartment C. a government regulation that makes it illegal to charge a rent higher than a specified level Your answer is correct.D. the mechanism that eliminates search activity in the market for low-income housing Part 2The graph shows a housing market with a rent ceiling of $900 a month. Draw a point that shows the rent and the quantity of units rented. Click toenlargegraphPart 3A rent ceiling set above the equilibrium rent _______. A. decreases the demand for housing B. increases the supply of housing C. is illegal D. is ineffective Part 1 0246810120200400600800100012001400Quantity (thousands of units per month)Rent (dollars per unit per month)7005Upper DDUpper SSRentRentceilingceiling Edit coordinates interactive graph>>> Draw only the objects specified in the question.
选项
A.A. a price floor in the housing market
B.B. the opportunity cost of renting an apartment
C.C. a government regulation that makes it illegal to charge a rent higher than a specified level
D.D. the mechanism that eliminates search activity in the market for low-income housing
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标准答案
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思路分析
The question presents multiple-choice items about rent ceilings in housing markets, and provides the answer options for each item.
Option A: 'A price floor in the housing market'—This is incorrect conceptually because a rent ceiling is a maximum allowable rent, not a minimum, so it functions as a price ceiling, not a price floor. A price floor would be a rule preventing rents from falling below a certain level, whereas a ceiling sets an upper bound. Misunderstanding the distinction between floor and ceiling is the likely source of this error.
Option B: 'the opportunity cost of renting an apartment'—This option misidentifies what a rent ceiling represents. The opportunity cost of renting a partic......Login to view full explanation登录即可查看完整答案
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类似问题
In this market, there will be excess demand of 39 . Ironically, the amount of natural gas used with the price ceiling will be less than the natural gas used if the price was allowed to rise to the market level.
True of Fase? If the demand increased enough, the price ceiling could become non-binding.
True or False? if supply increased enough, the price ceiling could become non-binding.
假设香蕉的均衡价格为 5 美元,并实施 7 美元的价格上限。这将导致:
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