asked 83.1k views
1 vote
Price controls can cause _____.

equilibrium prices
efficient markets
shortages and surpluses

asked
User Quano
by
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2 Answers

5 votes

Answer:

shortages and surpluses

answered
User Ruslan Ulanov
by
7.5k points
4 votes
price control causes shortages and surpluses depending on whether it is the maximum or minimum price control. if it is maximum, there will be surpluses and if it is minimum, there will be shortages due to how much people can afford.
answered
User Mishu
by
7.5k points
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