Business, 07.06.2020 00:04 apodoltsev2021

Suppose that the government wishes to decrease the market equilibrium monthly rent by increasing the supply of housing. Assuming that demand remains unchanged, by how many additional units of housing would the government need to supply to get the market equilibrium rental price to fall to $1,500 per month?

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Suppose that the government wishes to decrease the market equilibrium monthly rent by increasing the...