--%>
Assignment Help - homework help

Equilibrium rent imposing price ceiling

When the New York City government only permits landlords to charge $800 a month for a little apartment while equilibrium rent would be $1,500, this has imposed: (w) price floor. (x) regulation which will result in market surpluses. (y) regulation that will encourage market arbitrage. (z) price ceiling.

I need a good answer on the topic of Economic problems. Please give me your suggestion for the same by using above options.

   Related Questions in Microeconomics

  • Q : Why production possibility curve is

    Why production possibility curve is concave? Answer: This is due to increasing the marginal opportunity cost.

    		•
  • Q : Neoclassical and heterodox One of my

    One of my friends can't succeed to get the answer of this question. Provide answer of this question. Economists of neoclassical argue that goods contain just subjective (or personal) use-value dimension; heterodox economists argue that goods contain use-value and soci

    		•
  • Q : Lorenz curve as graphical device A

    A Lorenz curve is graphical device which can be utilized to portray the: (w) number of people below the poverty level. (x) conflict between high tax rates and high tax revenues. (y) relative inequalities in the distribution of a variable across a popu

    		•
  • Q : Older or disabled poverty The

    The proportion of older or disabled Americans suffering throughout severe poverty has been most sharply decreased due to such programs as: (w) Social Security and Medicare. (x) negative income taxes. (y) food stamps and subsidized housing. (z) the Emp

    		•
  • Q : Example of Signaling As interviewing

    As interviewing for the job as a bill collector for loan shark, Bob states his degree in the martial arts from Hard Knox Reformatory, his summer internship by BreakUrLegs, Inc., and his family connections. Bob’s casual discussion of such credentials is an illust

    		•
  • Q : Increase total revenue and exceeds

    When a firm along with market power raises the price of a good a little, total revenue as: (w) falls in the inelastic range of the demand curve. (x) rises over the elastic range of the demand curve. (y) stays close to zero in the unit

    		•
  • Q : Marginal cost of capital What do you

    What do you mean by the marginal cost of capital?

    		•
  • Q : Creating externalities to spread costs

    In efforts to offset specific failures of the private sector, government policy within a mixed-capitalist economy would be least reasonably intended at an objective of: (1) creating externalities to spread the costs of various activities across all me

    		•
  • Q : Problem on amount of goods in

    The Economics students are most probable to recall conceptually the different determinants of amounts of a good which people will purchase when they contemplated an acronym based on how: (i) Much they will spend out of their initial paycheck whenever

    		•
  • Q : Competition and exploitation of the

    Can someone help me in finding out the right answer from the given options. The capability to exploit the labor is minimal if a firm consists of: (1) Monopoly power. (2) Government contracts to accomplish. (3) Monopsony power. (4) Labor union contracts that terminate

    		•