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Business, 09.07.2021 22:50 PerfectMagZ

Suppose a new​ off-campus university apartment complex could rent its rooms on the open market for​ $900 a month. ​If, instead, the university chooses to cap the price of rooms to​ $500 a month for​ students, the result would be that​ . A. quantity demanded would exceed the quantity​ supplied, resulting in a shortage. B. quantity supplied would exceed the quantity​ demanded, resulting in a shortage. C. quantity demanded would exceed the quantity​ supplied, resulting in a surplus. D. quantity supplied would exceed the quantity​ demanded, resulting in a surplus.

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