1. Can you describe the practice of scalping tickets for major sporting events in terms of market shortages? How else might tickets be distributed?
2. Why do cities impose them if rent controls are so counterproductive? How else might the housing problems of poor people be solved?
3. Who is harmed by rent controls? Who is helped?
4. Explain what would happen in the apple market if the government set a minimum price of $2.00 per apple? Discuss what might motivate such a policy?
5. Is there a shortage of on-campus parking at your school? Discuss how might the shortage be resolved?