Sunday, February 7, 2010

Which of the following statements about price ceilings is false?

Quality often suffers when a price ceiling is imposed.





Rent control is an example of a price ceiling.





Poor people will always be able to buy more of the product than if the price ceiling did not exist.





Price ceilings result in shortages.





Just as a producer is not allowed to sell a good for more than the price ceiling, it is illegal for a consumer to pay more than the price ceilingWhich of the following statements about price ceilings is false?
can you do your homework by yourselfWhich of the following statements about price ceilings is false?
Why does it seem like you keep asking questions on the same subject? Are you trying to get others to do your homework for you? Are you cheating on a test?
Quality often suffers when a price ceiling is imposed.

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