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Other Fields Homework Help Economics Topic started by: Loraine on Jun 20, 2015



Title: A price ceiling in the market for gasoline that is below the equilibrium price will lead to
Post by: Loraine on Jun 20, 2015
A price ceiling in the market for gasoline that is below the equilibrium price will lead to
A) the quantity demanded of gasoline exceeding the quantity supplied.
B) an increase in the demand for gasoline.
C) a decrease in the supply of gasoline.
D) the quantity supplied of gasoline exceeding the quantity demanded.
E) no change in the market since the price ceiling is below the equilibrium price.


Title: Re: A price ceiling in the market for gasoline that is below the equilibrium price will lead to
Post by: Sydnie on Aug 5, 2015
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