asked 144k views
3 votes
When a price ceiling is in effect:_______

a. there is no competition for goods.
b. demanders compete for goods in short supply by accepting reductions in quality.
c. suppliers compete for customers by inefficiently raising quality levels.
d. suppliers have an incentive to provide really good customer service.

asked
User ChapMic
by
8.5k points

1 Answer

2 votes

Answer:

i got answer c

(i took the test)

answered
User Aaron Ciuffo
by
8.0k points
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