An effective price ceiling tends to
A) increase quantity supplied.
B) decrease quantity demanded.
C) leave quantity supplied and demanded unchanged.
D) do none of the above.
D
Economics
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If foreign holdings of U.S. dollars increase, holding all else constant,
A) the balance on the U.S. current account will increase. B) the balance on the U.S. capital account will increase. C) the U.S. balance of trade will increase. D) the balance on the U.S. financial account will increase.
Economics
A firm will enter a competitive market when
A) it can gather market share at the expense of incumbent firms. B) it would not be the last firm entering. C) it can earn a positive long-run profit. D) the long-run supply curve is upward sloping.
Economics