If a Price Ceiling Results in the Price Not Being

Multiple Choice

If a price ceiling results in the price not being used to allocate a scarce resource or good, then

A) something other than price must allocate the scarce good.
B) the price will have to decline.
C) the market will take over.
D) the government will be more efficient than any other mechanism.
E) a random allocation will be more efficient than any other mechanism.