The rationing mechanisms that develop under binding price ceilings are usually inefficient.
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Q27: A binding price ceiling causes a shortage
Q28: Binding price ceilings benefit consumers because they
Q29: Price ceilings are typically imposed to benefit
Q30: Price ceilings are typically imposed to benefit
Q31: A binding price ceiling may not help
Q33: A price ceiling caused the gasoline shortage
Q34: When a binding price ceiling is imposed
Q35: When the government imposes a binding price
Q36: A price ceiling set above the equilibrium
Q37: If a price ceiling of $1.50 per
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