(Answered) Rent control is an example of a price ceiling price

Economics

Rent control is an example of a price ceiling. Price ceilings keep prices low for consumers. We can clearly see that landlords are worse off. Consider if there is an argument to be made that consumers are worse off, too. After watching the Seinfeld video clip (rent control), discuss how some consumers are made better off and some are not in a rent-control situation.

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Business Economics, Economics

Category:- Business Economics
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