Which of the following is not a rationing mechanism used by landlords in cities with rent control?
A)Waiting lists
B)Race
C)Price
D)Bribes

Question

Quizplus · Accepted Answer

Price is not a rationing mechanism used by landlords in cities with rent control because the whole point of rent control is to limit the amount landlords can charge for rent, thereby removing price as a mechanism to ration housing. Instead, landlords might use waiting lists, consider race (though illegal and unethical), or accept bribes to decide who gets to rent the available units.

Which of the Following Is Not a Rationing Mechanism Used