Question: Question 2 3 pts In the graph below we model the long-term rental market (i.e. contract of 6 months or more), assuming it is perfectly

Question 2 3 pts In the graph below we model the long-term rental market (i.e. contract of 6 months or more), assuming it is perfectly competitive. Let's try to model the impact that short-term rental platforms might have on this market. To do so, let's compare a market without such platform (before) and a market after the platforms have been introduced. In the figures, the vertical axis r is the price, while Q is the quantity of rental accommodation. The [ Select ] figure best represents the introduction of short-term rental platforms. Their effect is to cause [ Select ] in rental prices and [ Select ] in rental accommodation. Rental Market Rental Market Before Airbnb Rental Market Rental Market After Airbnb

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