Which of the following observations would be consistent with the imposition of a binding price ceiling on a market? After the price ceiling becomes effective,

a. a smaller quantity of the good is bought and sold.
b. a smaller quantity of the good is demanded.
c. a larger quantity of the good is supplied.
d. the price rises above the previous equilibrium.

a

Economics

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In economics, investment always refers to

A. the creation of capital. B. an increase in per capita output. C. increasing the quantity of labor. D. the act of buying stocks or bonds.

Economics

Refer to the information provided in Figure 9.3 below to answer the question(s) that follow.  Figure 9.3Refer to Figure 9.3. This firm's shutdown point corresponds to Point

A. A. B. B. C. C. D. D.

Economics