in the housing market, supply and demand are group of answer choices more elastic in the short run than in the long run, and so rent control leads to a larger shortage of apartments in the long run than in the short run. more elastic in the short run than in the long run, and so rent control leads to a larger shortage of apartments in the short run than in the long run. more elastic in the long run than in the short run, and so rent control leads to a larger shortage of apartments in the long run than in the short run. more elastic in the long run than in the short run, and so rent control leads to a larger shortage of apartments in the short run than in the long run.