Government have to increase the provider of housing

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Reference no: EM139048

Q. Start at the original (correct) equilibrium cost and quantity in part (a). Assume which the government wishes to decrease the market equilibrium monthly rent by increasing the provider of housing. Assuming which demand remains unchanged, by Explain how many units of housing would the government have to increase the provider of housing in order to get the market equilibrium rental cost to fall to $1,750 per month? To $1,250 per month? To $750 per month?

Reference no: EM139048

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