Fill in the missing words.
(a) A price ceiling is a ________ price, which may cause a________ .
(b) A black market may be the result of a________ price, due to a legal price _________.
(c) A price floor is a________ price, which may cause a________ .

(i) minimum; surplus
(ii) maximum; shortage
(iii) below equilibrium; maximum

Question

Fill in the missing words.
(a) A price ceiling is a ________ price, which may cause a________ .
(b) A black market may be the result of a________ price, due to a legal price _________.
(c) A price floor is a________ price, which may cause a________ .

(i)	minimum; surplus
(ii)	maximum; shortage
(iii)	below equilibrium; maximum

Quizplus · Accepted Answer

The Answer of Fill in the missing words.
(a) A price ceiling is a ________ price, which may cause a________ .
(b) A black market may be the result of a________ price, due to a legal price _________.
(c) A price floor is a________ price, which may cause a________ .

(i)	minimum; surplus
(ii)	maximum; shortage
(iii)	below equilibrium; maximum

Fill in the Missing Words