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Lauren1 Lauren1
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Posts: 4120
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10 years ago
A price ceiling, such as a rent ceiling,
A) always results in a surplus.
B) always results in a shortage.
C) results in a surplus if the ceiling price is less than the equilibrium price.
D) results in a shortage if the ceiling price is less than the equilibrium price.
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MrDerecheMrDereche
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#1
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Rep: 304 0
10 years ago
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Lauren1 Author
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#2
10 years ago
Thank you, this really, really helps Heavy Heart
wrote...
#3
10 years ago
You're welcome!
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