1
answer
0
watching
122
views
28 Nov 2020
In order to be binding, a price ceiling
a. must lie above the free market equilibrium price
b. must lie below the free-market equilibrium price
c. must be high enough for firms to earn a profit
d. must coincide with the free market equilibrium price
In order to be binding, a price ceiling
a. must lie above the free market equilibrium price
b. must lie below the free-market equilibrium price
c. must be high enough for firms to earn a profit
d. must coincide with the free market equilibrium price
Yusra AneesLv10
7 Jan 2021