Ask Question
5 September, 09:04

What is the economic effect of price ceilings?

a. there are no economic effects.

b. resources will be allocated efficiently.

c. an effective price ceiling will lead to a surplus.

d. an effective price ceiling will lead to a shortage?

+2
Answers (1)
  1. 5 September, 10:33
    0
    c. an effective price ceiling will lead to a surplus.
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “What is the economic effect of price ceilings? a. there are no economic effects. b. resources will be allocated efficiently. c. an ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers