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Question 7 of 20
a Sapling Learning
Which of the following is not a consequence of rent control?
0 Producer surplus decreases.
O The people with the highest willingness to pay may not get the apartment they
What is economics?
Economics is the study of how people allocate their limited resources to satisfy their
nearly unlimited wants. Because of the limited nature of societys resources, even the
most abundant resources are not always plentiful enou
As scientists, economists strive to approach their subject with objectivity. This means that
they avoid letting personal beliefs and values influence the outcome of their analysis. In
order to be as objective