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Home > Principles of Microeconomics (Video) > Price Ceilings: Rent Controls
Podcast: Principles of Microeconomics (Video)
Episode:

Price Ceilings: Rent Controls
Category: Education
Duration: 00:09:43
Publish Date: 0000-00-00 00:00:00
Description: Rent controls are a type of price ceiling. We’ll use our diagram to show how rent controls create shortages by reducing the supply of apartments available on the market. Rent controls also result in reduced product quality, since they reduce the returns...
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