bewellplus.gsu.edu
karamaddyFerre
karamaddyFerre karamaddyFerre
  • 08-03-2016
  • Business
Answered

Price controls can cause _____.

equilibrium prices

efficient markets

shortages and surpluses

Verified Answer :

Dracula419
Dracula419 Dracula419
  • 08-03-2016

price control causes shortages and surpluses depending on whether it is the maximum or minimum price control. if it is maximum, there will be surpluses and if it is minimum, there will be shortages due to how much people can afford.

Answer Link
trentcook2202
trentcook2202 trentcook2202
  • 24-02-2020

Answer:

shortages and surpluses

Answer Link

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