Unformatted text preview: DVD players shifting to the right 6. Rent controls in New York City cause all of the following except ________________. An increase in the quantity supplied of rent-controlled apartments 7. A binding price floor causes_____. Both b and c 8. Although most economists agree that price floors and ceilings lead to inefficiency, governments continue to impose such price controls. A possible reason for this is ____. All the above 9. The “quota rent” refers to____. The difference between the demand price and the supply price at the quota limit 10. If an excise tax is imposed on automobiles and collected from consumers ___. The demand curve will shift downward by the amount of the tax...
View Full Document
- Fall '09
- Supply And Demand, DVD players