Rent controls in New York City cause all of the following except?

Question

(A) inefficiently low quality

(B) wasted resources resulting from the opportunity cost of tme associated with trying to find an apartment

(C) black markets

(D) an increase in the quantity supplied of rent-controlled apartments

Answer 1

...."D"

Answer 2

I don't believe in government control of any business.  I believe in supply and demand.