Register

Which situation is the most likely result of a price ceiling being set below the equilibrium price? a.decreased demand b.a surplus in the market c.a shortage in the market d.a h…

Which situation is the most likely result of a price ceiling being set below the equilibrium price? a.decreased demand b.a surplus in the market c.a shortage in the market d.a h…
asked 189k views
4 votes
Which situation is the most likely result of a price ceiling being set below the equilibrium price?

a.decreased demand
b.a surplus in the market
c.a shortage in the market
d.a higher equilibrium price?

asked
User Mark Hebert
by
8.3k points

1 Answer

2 votes
the situation would be a shortage in the market
answered
User Zivile
by
7.8k points
← Prev Question Next Question →

Related questions

User Inkd
asked Jul 11, 2024 167k views
The imposition of a binding price ceiling on a market causes: a) Surplus b) Shortage c) Equilibrium d) Expansion
Inkd asked Jul 11, 2024
by Inkd
8.4k points
1 answer
0 votes
167k views
Ask a Question
Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.

Categories

Other Questions

Who was Adam Smith ? Anybody?
What can turn igneous rock into sediment?
In what way did the GI Bill contribute to the growth of professional and white-collar jobs ? A.by providing US laborers with new job-training programs B.by giving US veterans assistance to purchase a new
Link Copied!