Individual Assignment Rent Control Part 2
Due Day 7 Individual forum
Resource: Rent Control - Part 1 individual assignment from Week Three
• Consider what you learned from your Rent Control - Part 1 individual assignment.
• Write a 1,050- to 1,500-word paper in which you answer the following questions:
o Is the apartment rental industry one in perfect competition, monopoly, oligopoly, or monopolistic competition?
o How might the market structure affect how the various landlords react to rent controls?
o In the short run, how will rent controls affect the consumer?
o In the long run, how will rent controls affect the consumer?
• Format your paper consistent with APA guidelines.
• Post your completed assignment as an attachment.
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