the highest amount a landlord can charge for rent is an example of\nan incentive.\na price floor.\na price…
the highest amount a landlord can charge for rent is an example of\nan incentive.\na price floor.\na price ceiling.\nan elastic service.
Answer
Brief Explanations:
A price - ceiling is a legal maximum price. The highest amount a landlord can charge for rent is a legal maximum, thus it is a price - ceiling. An incentive is something that encourages an action. A price floor is a legal minimum price. Elasticity refers to the responsiveness of quantity demanded or supplied to a change in price.
Answer:
a price ceiling.