Solved

A Price Ceiling on a Good Often Results In

Question 100

Multiple Choice

A price ceiling on a good often results in:


A) a black market,or underground transactions of the good.
B) a surplus of the product.
C) more communication between buyers and sellers about the appropriate price.
D) a more efficient allocation of the good to buyers.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions