If the government prevents the market price from rising above $10, it can set a/an:

Question

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A price ceiling is a government-imposed limit on the price that a particular good or service can be sold for. In this case, the government is preventing the market price from rising above $10, which is a price ceiling. A minimum price (B) would be if the government set a floor preventing the price from going below a certain amount. An optimum price (A) would be the price point where supply and demand are at equilibrium, which in this case is not being considered.

If the Government Prevents the Market Price from Rising Above