When the sale of a good is illegal, it is like setting a price ceiling at zero.

Name: When the sale of a good is illegal, it is like setting a price ceiling at zero.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

When the sale of a good is illegal, it means that it cannot be sold for any price, which is similar to setting a price ceiling of zero. Therefore, the statement is true.

When the Sale of a Good Is Illegal, It Is