An illegal market in which the price exceeds a legally imposed price ceiling is called a
A) shortage market.
B) surplus market.
C) black market.
D) fair market.
E) subsidized market.
C
Economics
You might also like to view...
Net worth and stockholders' equity are both equal to the difference between assets and liabilities
Indicate whether the statement is true or false
Economics
The immigration rates of the 20th century returned to the high rates of the 19th century
Indicate whether the statement is true or false
Economics