Which of the following is NOT a possible consequence of an effective price ceiling?

Question

Quizplus · Accepted Answer

An effective price ceiling, set below the equilibrium price, can lead to shortages, incentivizing non-price rationing mechanisms like queues, the emergence of black markets due to unmet demand at the official price, and potentially lower quality as suppliers try to cut costs. However, it typically does not lead to industrial expansion since the artificially low prices can discourage investment and production in the affected industry.

Which of the Following Is NOT a Possible Consequence of an Effective