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AP Microeconomics
Unit 2 – Supply and Demand
Topic 2.7
A government implements a price ceiling on rental apartments in a city. What is the likely impact on the quantity of apartments available in the market?
Quantity remains unchanged
Quantity increases
Quantity decreases
The impact cannot be determined without additional information
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AP Microeconomics - 2.7 Market Disequilibrium and Changes in Equilibrium
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Price Ceiling
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About Us
About Fiveable
Blog
Careers
Testimonials
Code of Conduct
Terms of Use
Privacy Policy
CCPA Privacy Policy
Resources
Cram Mode
AP Score Calculators
Study Guides
Practice Quizzes
Glossary
Crisis Text Line
Request a Feature
Report an Issue
© 2024 Fiveable Inc. All rights reserved.
AP® and SAT® are trademarks registered by the College Board, which is not affiliated with, and does not endorse this website.
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