(Solved): Figure: Rent Controls KeTerence: KQT 4-1 (Figure: Rent Controls) If rent controls are set at Rent ...

Figure: Rent Controls KeTerence: KQT 4-1 (Figure: Rent Controls) If rent controls are set at Rent 3 : A. the shortage of rental units is the distance \( \overline{Q_{1} Q_{3}} \). B. no one would have to pay a higher actual price than Rento nor would anyone be willing to do so. C. rent would remain at \( R e n t 2 \). D. some renters would be willing to pay a price as high as \( R e t_{4} \) for \( Q_{3} \) units.