A price ceiling usually results in a:_________.
a. surplus and a misallocation of resources.
b. surplus and no misallocation of resources.
c. shortage and no misallocation of resources.
d. shortage and a misallocation of resources.

Respuesta :

Answer:

D

A price ceiling usually results in shortage and a misallocation of resources.

When A price ceiling usually leads to a shortage and a misallocation of resources.

What is the price ceiling?

According to, A price ceiling refers could be a limit on the value of a decent or service imposed by the govt. to guard consumers by ensuring that prices don't become prohibitively expensive. For the measure to be effective, the worth set by the worth ceiling must be below the natural equilibrium price.

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