If a price ceiling on a monopolist results in no shortage,

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If a price ceiling results in no shortage, it means that the quantity supplied at the given price is equal to or greater than the quantity demanded. In such a scenario, the monopolist would have to supply the good at a lower price than the one it would charge in the absence of the ceiling. This implies that the full economic price (which includes the opportunity cost of resources used in production) is lower than before.

If a Price Ceiling on a Monopolist Results in No