Business, 09.10.2020 01:01 willveloz4

The intention of a price ceiling is to help consumers by forcing a price that is below the equilibrium price. What is one unintended consequence of this policy? rev: 05_10_2018 Multiple Choice Foreign producers are hurt by the lower price and economic surplus is increased. Producers face a shortage or resources and economic surplus is decreased. Consumers face a shortage of the good and decreased consumer surplus. Consumers face a shortage of the good and increased consumer surplus.

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The intention of a price ceiling is to help consumers by forcing a price that is below the equilibri...