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An Unintended Consequence of Price Ceilings Is

Question 46

Multiple Choice

An unintended consequence of price ceilings is:


A) the loss of surplus always outweighs the benefits of the policy.
B) non-price rationing must occur, and can lead to bribes.
C) the transfer of surplus from producer to consumer rarely is recognized.
D) the producers increase the quality of the goods sold.

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