A binding price ceiling

by | Sep 10, 2021 | Homework Help

a binding price ceiling will have the following consequencesa. there are no consequences to a binding price ceiling b.there will be downward pressure on prices until quantity demanded equals quantity suppliedc. there will be upward pressure on the prices until quantity demanded equals quantity suppliedd. the quantity demanded will always exceed the quantity suppliede.the quantity demanded will always be smaller than the quantity supplied

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