If
rent controls are set at Rent_1:

Question

If
rent controls are set at  Rent_1:

Answer

There will be a surplus of rental units, but it is impossible to tell how large the surplus is based on the information provided

Answer

Some renters will be willing to pay a price as high as 𝑅𝑒𝑛𝑡_4 for 𝑄_1 units

Answer

The shortage of rental units is the distance 𝑄_3−𝑄_1

Answer

No one will have to pay a higher actual price than 𝑅𝑒𝑛𝑡_0, nor will anyone be willing to do so

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