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Does the new price set by the government result in a surplus or shortage of loaves of bread?

Does the new price set by the government result in a surplus or shortage of loaves of bread?
asked 72.6k views
24 votes
Does the new price set by the government result in a surplus or shortage of loaves of bread?

asked
User Patrick Connors
by
7.6k points

1 Answer

1 vote

Surplus

Step-by-step explanation:

If they lower the price the demand will increase.

answered
User Ashok Padmanabhan
by
8.1k points
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