A price ceiling benefits all consumers.

Name: A price ceiling benefits all consumers.
Brand: Quizplus
Rating: 4.7 (36 reviews)

Question

Quizplus · Accepted Answer

A price ceiling may benefit some consumers by making a product more affordable, but it can also lead to shortages, low-quality products, and long waiting times. Additionally, it may harm producers by making it difficult for them to cover their costs and continue to provide the product. Overall, a price ceiling does not benefit all consumers.

A Price Ceiling Benefits All Consumers