All of the following are true of a price ceiling except which one?

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A price ceiling sets a maximum price that can be charged for a good or service. It creates a shortage of the good, as the quantity demanded exceeds the quantity supplied at the lower price. This means that some demanders benefit by being able to purchase the good at a lower price, while others are harmed by not being able to purchase the good at all. Suppliers, on the other hand, are generally harmed by the price ceiling, as they are unable to charge the market-clearing price and may reduce their supply of the good. A deadweight loss is also created, as some mutually beneficial transactions between buyers and sellers do not occur. However, the statement that "some suppliers benefit" is not true.

All of the Following Are True of a Price Ceiling