Suppose the equilibrium price for apartments is Rs500 per month and the government imposes rent controls of Rs250 Which of the following is unlikely to to occur as a result of the rent controls? | MCQ Hive

Economics Mcqs

Q Suppose the equilibrium price for apartments is Rs500 per month and the government imposes rent controls of Rs250 Which of the following is unlikely to to occur as a result of the rent controls?

A A. there may be long lines of buyers waiting for apartments
B B. landlords may discriminate among apartment renters
C C. landlords may be offered bribes to rent apartments
D D. there will be a storage of housing

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