Question: Using the figure below, fill in the table under the assumption that the rent ceiling is $975 (enter all values in dollars and cents). $2,600
Using the figure below, fill in the table under the assumption that the rent ceiling is $975 (enter all values in dollars and cents).
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$2,600 1,950 Supply 1,300 Rent ceiling 975 650 Demand 0.70 1.40 Quantity (apartments per month in millions) Rent (dollars per month)
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