contestada

Under rent control, bribery is a potential mechanism to:________
a. bring the total price of an apartment (including the bribe) closer to the equilibrium price.
b. force the total price of an apartment (including the bribe) to be less than the market price.
c. allocate housing to the most deserving tenants.
d. allocate housing to the poorest individuals in the market.

Respuesta :

ayfat23

Answer:

A). bring the total price of an apartment (including the bribe) closer to the equilibrium price.

Explanation:

Rent control can be regarded as a program set up by the government which control the limit of amount that can be demanded by landlords for leasing out a home as well as renewal of a lease. The law that govern rent control are been enacted by municipalities, and it's a way to make lower-income residents have an affordable living cost. It should be noted that Under rent control, bribery is a potential mechanism to bring the total price of an apartment (including the bribe) closer to the equilibrium price.