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Explain the economic process involved with Rent Control. What is the economic concept that we learned in class that is associated with the Rent Control? (1 Mark] Explain it {3 Marks}. Introducing rent control into the economy will "artificially\" force what economic concept that is discussed in Chapter 2 to come about? ('1 Mark] Explain it and use the rental apartment market as an example in your explanation. (3 Marks] Use your example to provide two economic arguments for or against the implementation of rental apartment Rent Controls in Toronto, Canada. {4 Marks). If there is an increase of buyers in the market. will the supply curve or demand curve shift? {1 Mark} Would it be an increase or decrease? {1 Mark} What effect could this shift have on the rent control situation? {2 Marks}