An outcome that can result from either a price ceiling or a price floor is
A)an enhancement of efficiency.
B)undesirable rationing mechanisms.
C)a surplus.
D)a shortage.

Name: An outcome that can result from either a price ceiling or a price floor is A)an enhancement of efficiency. B)undesirable rationing mechanisms. C)a surplus. D)a shortage.
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Question

Quizplus · Accepted Answer

Undesirable rationing mechanisms can result from either a price ceiling or a price floor.

An Outcome That Can Result from Either a Price Ceiling