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Other Fields Homework Help Economics Topic started by: emanuell19 on Aug 19, 2018



Title: Assume that the market clearing price for portable power banks is $5, but that the maximum price ...
Post by: emanuell19 on Aug 19, 2018
Assume that the market clearing price for portable power banks is $5, but that the maximum price that can be charged is $4. This is an example of
A) a price control that will lead to a surplus of portable power banks on the market.
B) a price floor that will lead to a shortage of portable power banks on the market.
C) markets failing to ration a fixed quantity of portable power banks.
D) a price ceiling that will likely lead to a shortage of portable power banks on the market.


Title: Assume that the market clearing price for portable power banks is $5, but that the maximum price ...
Post by: vanna2014 on Aug 19, 2018
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Title: Assume that the market clearing price for portable power banks is $5, but that the maximum price ...
Post by: emanuell19 on Aug 19, 2018
Commenting just to show my support for informative posts like this, keep it up 10/10


Title: Assume that the market clearing price for portable power banks is $5, but that the maximum price ...
Post by: vanna2014 on Aug 19, 2018
That helps more than you thinks, thanks for being so thoughtful