True/False
One of the results of a price ceiling is a decline in the quality of the good sold.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q1: The minimum wage is an example of
Q3: By knowing how much quantity demanded changes
Q4: If a firm wishes to raise the
Q5: Suppose the price of a good falls
Q6: The income elasticity of demand<br>A)is usually zero
Q7: The price elasticity of supply is always
Q8: Other things being equal, the demand for
Q9: Explain why economists care about the price
Q10: The demand for gasoline should be<br>A)less elastic
Q11: If the price elasticity of demand is