A rent ceiling creates a shortage. As a result, which of the following occurs?
A. only a loss of consumer surplus for tenants
B. a gain of both consumer and producer surplus
C. only a loss of producer surplus for landlords
D. a loss of both consumer and producer surplus
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Home » Business » A rent ceiling creates a shortage. As a result, which of the following occurs? A. only a loss of consumer surplus for tenants B. a gain of both consumer and producer surplus C. only a loss of producer surplus for landlords D.