Over time, housing shortages caused by rent control

A.decrease, because the demand for and supply of housing are less elastic in the long run.
B.decrease, because the demand for and supply of housing are more elastic in the long run.
C.increase, because the demand for and supply of housing are more elastic in the long run.
D.increase, because the demand for and supply of housing are less elastic in the long run.


C.increase, because the demand for and supply of housing are more elastic in the long run.

Economics

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