casperchief6106 casperchief6106

13-04-2022
Business

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Price ceilings are intended to address the problem of:.

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nprocks958 nprocks958

13-04-2022

Answer:

An attempt to keep prices low/from reaching equilibrium

Explanation:

A price ceiling does as the name suggests, sets a max price for a product. It is done in order to keep prices low. Effective price ceiling's will cause a shortage, as it prevents equilibrium.

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