Top Posters
Since Sunday
5
o
5
4
m
4
b
4
x
4
a
4
l
4
t
4
S
4
m
3
s
3
New Topic  
emanuell19 emanuell19
wrote...
Posts: 353
5 years ago
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.
Textbook 
Economics Today: The Micro View

Economics Today: The Micro View


Edition: 19th
Author:
Read 33 times
3 Replies
Replies
Answer verified by a subject expert
vanna2014vanna2014
wrote...
Posts: 120
5 years ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here

Related Topics

emanuell19 Author
wrote...
5 years ago
Commenting just to show my support for informative posts like this, keep it up 10/10
wrote...
5 years ago
That helps more than you thinks, thanks for being so thoughtful
New Topic      
Explore
Post your homework questions and get free online help from our incredible volunteers
  1007 People Browsing
Related Images
  
 670
  
 71
  
 145
Your Opinion