5. When a binding price ceiling is imposed on a market, a. There is no longer a guarantee that the good will go to those
Posted: Thu May 19, 2022 9:13 am
5. When a binding price ceiling is imposed on a market, a. There
is no longer a guarantee that the good will go to those who place
the highest value on it. b. The quantity supplied at the price
ceiling exceeds the quantity that would have been supplied without
the price ceiling. c. All buyers benefit d. All of the above are
correct.
is no longer a guarantee that the good will go to those who place
the highest value on it. b. The quantity supplied at the price
ceiling exceeds the quantity that would have been supplied without
the price ceiling. c. All buyers benefit d. All of the above are
correct.