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18 Aug 2020
A government-imposed price of $12 in this market is an example of a
a. non-binding price ceiling that creates a shortage.
b. non-binding price floor that creates a surplus.
c. binding price floor that creates a surplus.
d. binding price ceiling that creates a shortage
A government-imposed price of $12 in this market is an example of a
a. non-binding price ceiling that creates a shortage.
b. non-binding price floor that creates a surplus.
c. binding price floor that creates a surplus.
d. binding price ceiling that creates a shortage
Insha FatimaLv10
26 Sep 2020