Which of the following represents the best example of a price ceiling?
A) a ration coupon
B) the equilibrium price
C) parity pricing
D) rent control
E) the inverse of a price floor
Correct Answer:
Verified
Q76: To ration a good means that
A) some
Q77: If a good is rationed, we can
Q78: An excess demand in a market implies
Q79: One method of addressing an excess demand
Q80: A ration coupon is generally used
A) to
Q82: An unintended consequence of rent control has
Q83: Rent controls can cause distortions in resource
Q84: Price ceilings are imposed if the government
Q85: Suppose the government imposed a minimum price
Q86: A market consequence of a price floor
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