Q. Assuming that the rent ceiling is strictly enforced so that there is no black market, which of the following statements about a housing market with a rent ceiling set below the equilibrium rent is correct?
Q. Explain how does the price elasticity for flu vaccinations change in times when flu is more prevalent versus times when flu is less prevalent? Provide additional examples of health care products or services that have similar variation in their price elasticity of demand-or no variation in their price elasticity of demand.