A binding price ceiling creates - ProProfs Discuss
Topics
Products
Follow Us:

A binding price ceiling creates



A. A shortage
B. A surplus
C. An equilibrium
D. A shortage or surplus depending on whether the price ceiling is set above or below the equlibrium price

This question is part of Microeconomics [Ch.
Asked by Emy_, Last updated: Dec 18, 2019

+ Answer
Request

1 Answer

Emy_

Emy_

Answered Mar 05, 2018

A shortage
 

Search for Google images
Select a recommended image
Upload from your computer
Search for Google images
Select a recommended image
Upload from your computer
Search for Google images
Select a recommended image
Upload from your computer

Email Sent
We have sent an email to your address "" with instructions to reset your password.