Companies producing toilet paper bleach the paper to make…

  Companies producing toilet paper bleach the paper to make it white. The bleach is discharged into rivers and lakes and causes substantial environmental damage. The figure above illustrates the situation in the toilet paper market.   The efficient output is    

  The figure above shows the market for apartments in Spring…

  The figure above shows the market for apartments in Springfield. Recently, the government imposed a rent ceiling of $1,000 per month.   With rent control, the quantity supplied is 200 apartments. Suppose apartment owners ignore the law and rent this quantity for the highest rent they can get. What is the highest rent they can get per month?