With a strictly enforced rent ceiling of $600 a month, is the housing market efficient? What is the deadweight loss? Is the housing market fair? Explain. What is the equilibrium wage rate and how...

With a strictly enforced rent ceiling of $600 a month, is the housing market

efficient? What is the deadweight loss? Is the housing market fair? Explain.

What is the equilibrium wage rate and how many tomato pickers are

employed? If California introduces a minimum wage of $4 an hour, how

many tomato pickers are employed and how many are unemployed?