1. Paper presented at Mini-Housing Summit organized by Nigerian Institution of EstateSurveyors and Valuers, Lagos State Branch, onTuesday October 25, 2011. By Sola Enitan…

Slide 1Markets in Action CHAPTER 6 Slide 2 After studying this chapter you will be able to Explain how housing markets work and how price ceilings create housing shortages…

Slide 1 Slide 2 When you have completed your study of this chapter, you will be able to C H A P T E R C H E C K L I S T Explain how a rent ceiling creates a housing shortage,…

Slide 1MARKETS IN ACTION 6 CHAPTER Slide 2 Objectives After studying this chapter, you will able to Explain how housing markets work and how price ceilings create housing…

Slide 1Objectives © Pearson Education, 2005 Markets in Action Chapter 6 Slide 2 Objectives © Pearson Education, 2005 After studying this session, you will able to: Explain…

Slide 1Ch. 6: Markets in Action. Price ceiling and inefficiencies. Minimum wages and inefficiency. Sales tax Volatility of farm prices and revenues How production subsidies…

Slide 1 Slide 2 Markets in Action CHAPTER 7 Slide 3 C H A P T E R C H E C K L I S T When you have completed your study of this chapter, you will be able to 1 Explain how…

Slide 1 Slide 2 6 GOVERNMENT ACTIONS IN MARKETS Slide 3 © 2012 Pearson Addison-Wesley Slide 4 Even though house prices have fallen, some rents have risen. Can governments…

Slide 1© 2013 Pearson Slide 2 Can the President repeal the laws of supply and demand? Slide 3 © 2013 Pearson 7 When you have completed your study of this chapter, you will…

Slide 1 Slide 2 EYE ONS How powerful is the presidents pen? Can the President sign an order that caps executive pay? Or sign an order that ensures every worker gets a decent…