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Home Q & A Board Other Fields Homework Help Business Economics
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Ryanteck Ryanteck
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7 years ago
A price ceiling is
A) the difference between the initial equilibrium price and the equilibrium price after a decrease in supply.
B) a minimum price set by government that sellers must charge for a good.
C) a maximum price set by government that sellers may charge for a good.
D) the minimum price that consumers are willing to pay for a good.
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Akshtsaklani21Akshtsaklani21
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#1
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7 years ago
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Ryanteck Author
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7 years ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
jayfo05
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Yesterday
Brilliant ツ
bkrandy
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2 hours ago
Thanks
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