You have already addressed the plight of the renters of Stocktonia in terms of cost-benefit analysis, resources/scarcity,

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Question:

You have already addressed the plight of the renters of Stocktonia in terms of cost-benefit analysis, resources/scarcity, and marginal analysis in QW/RA 1. In this assignment you are going to produce and analyze the supply and demand graphs for the rental market before the rent control and after (please hand draw your graphs, take a picture, upload to you device, and insert into your response of all graphical analysis). I want you to factor in whether the demand or supply curve are more elastic or inelastic in Stocktonia (a place with the geography of Stockton). Talk about the consumer and producer surpluses that exist in your response as well.