Is rent control an example of a “price floor” or a “price ceiling?”  How do you know? Rent control is an example of a price ceiling. I know this because it is setting a maximum price for the rent.Give a definition of a price floor/ceiling (whichever one this is like). The definition of a price ceiling is a legally established maximum price, according to the text.What is the unintended side-effect of rent control?  Explain what happens to the QD and QS compared to an equilibrium price. An unintended side effect of rent control is that it creates a shortage. A shortage means that the quantity demanded is higher than the quantity supplied.  Therefore, this will apply to the quantity demanded and quantity supplied.Do you agree with cities providing rent control to its citizens?  Why or why not? I do not agree with cities providing rent control to its citizens. This is because it will lead to slum-like conditions for the people renting the apartments.