Top Posters
Since Sunday
Home Q & A Board Other Fields Homework Help Business Economics
New Topic  
Loraine Loraine
wrote...
Go to Answer
Posts: 4563
Rep: 33 0
8 years ago
Which of the following is true?
i.   A price ceiling set above the equilibrium price has no effects.
ii.   A price ceiling set below the equilibrium price creates a surplus.
iii.   A price floor set above the equilibrium price has no effects.
A) only i
B) only ii
C) only iii
D) i and ii
E) ii and iii
Textbook 
Essential Foundations of Economics

Essential Foundations of Economics


Edition: 7th
Authors:
Read 134 times
1 Reply
Start by doing what's necessary; then do what's possible; and suddenly you are doing the impossible.
Replies
Answer verified by a subject expert
VincenzoDVincenzoD
wrote...
#1
Top Poster
Posts: 1913
Rep: 241 0
8 years ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1

Related Topics

Loraine Author
wrote...

8 years ago
Thanks for your help!!
dedricgard
wrote...

Yesterday
Smart ... Thanks!
deathwing
wrote...

2 hours ago
Thanks
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  1258 People Browsing
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Live Chat
Related Images
  
 1523
  
 1442
  
 1154
Your Opinion
Which of the following is the best resource to supplement your studies:
Votes: 292
Previous poll results: Who will win the 2024 president election?