Multiple Choice
What does the imposition of a price ceiling on a market often result in?
A) an increase in investment in the industry
B) a surplus
C) a decrease in discrimination on the part of sellers
D) a shortage
Correct Answer:
Verified
Related Questions
Q111: FIGURE 4-5 Q112: Assume a price ceiling is imposed at Q113: In an effort to fight inflation of Q114: Suppose the equilibrium price of bread is
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