daltonglover7303 daltonglover7303
  • 16-11-2017
  • Business
contestada

Which situation is the most likely result of a price ceiling being set below the equilibrium price?

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W0lf93
W0lf93 W0lf93
  • 25-11-2017
This can create a shortage in the market. This means that there is too much demand for a good and not enough product to cover it. This creates restrictions on the products that people are allowed to buy, which decreases the profit potential.
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