In Nigeria, the government can reduce the cost of accommodation by fixing the rent
a
at the prevailing rate
b
at the equilibrium price
c
above the equilibrium price
d
below the equilibrium price
Explanation
Correct Option
dVideo Explanation
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Discussions (5)
klickinstitute
3 years ago
D below the equilibrium price is correct. below the equilibrium price is a maximum price legislation that favour consumers while above the equilibrium price is a minimum price legislation that on favours the producer
Mikeudoh2
9 years ago
Pls can smbdy xplain ds. pls read d question again myschool. d correct answ. is below equ.
