Business, 21.02.2020 01:15 starbae7177

If a price ceiling is set above the equilibrium price in a market rev. a. rationing will be necessary. b. surpluses of the commodity will develop. c. the quantity demanded will exceed the quantity supplied. d. the quantity supplied will equal the quantity demanded.

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If a price ceiling is set above the equilibrium price in a market rev. a. rationing will be necessar...