The graph shows the demand for on campus student housing at Florida State Univer

Question

The graph shows the demand for on campus student housing at Florida State University in Tallahassee The college has 2,000 rooms for rent. If a rent ceding of $125 a week is strictly enforced and there is no black market._______the university gains and the owners of off-campus housing lose students who get the cheaper on-campus housing gain and the students who cannot find on-campus housing lose The university gains because it doesn't have any empty rooms on Students who cannot find on-campus housing gain because it's more campus

Explanation / Answer

Option 3

ceiling price is below market clearning price so it do not affect equlibrium.

and from graph that there is no empty room in the college so that the collage earn.

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