tbiles99
18.03.2021 •
Social Studies
1. Choose a product to place a price ceiling on: 2. Explain why you are choosing to put a price ceiling on this product (it needs to benefit someone!): 3. Add to the graph below: • Create a specific equilibrium price and quantity. • Create a price for your price ceiling. Draw the price ceiling.
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Ответ:
1)Price Ceiling
2)Price ceilings prevent a price from rising above a certain level. ... Price floors prevent a price from falling below a certain level. When a price floor is set above the equilibrium price, quantity supplied will exceed quantity demanded, and excess supply or surpluses will result.
Ответ: