Lernkarten

Karten 18 Karten
Lernende 0 Lernende
Sprache English
Stufe Universität
Erstellt / Aktualisiert 06.06.2019 / 06.06.2019
Lizenzierung Namensnennung - Nicht-kommerziell - Keine Bearbeitung (CC BY-NC-ND)     (Unversité de Genève, cours de Pr. Monika Mrazova)
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8 Exakte Antworten 10 Text Antworten 0 Multiple Choice Antworten
Fenster schliessen

If government ask for a tax (appartments)

landlords suport burden of tax

zéro passthrough: rare because supply is fixed

Fenster schliessen

If renters buy some houses

Lizenzierung: Keine Angabe

Supply (<-) because less appartments to rent

Demand (<-) because they don't ask for appartment anymore

Price doesn't change

Q diminishes 

Fenster schliessen

Monopolistic market equilibrium

Lizenzierung: Keine Angabe
Fenster schliessen

Imperfectly competitive market

a monopolistic landlord
a perfectly discriminatory monopolistic landlord
a competitive market subject to rent control

Fenster schliessen

More close appartments graph

Lizenzierung: Keine Angabe
Fenster schliessen

Comparative statics: more close appartments

Supply is greater, so the price for close apartments falls

Fenster schliessen

Comparative statics: price of distant appartment rises graph

Lizenzierung: Keine Angabe
Fenster schliessen

Suppose de price of distant appartments rises

Demand for close apartments increases (rightward shift), causing
a higher price for close apartments