This topic contains a solution. Click here to go to the answer

Author Question: If the free-market equilibrium price for some product is $25, then a legal price ceiling set at $15 ... (Read 108 times)

kckanistras

  • Full Member
  • ***
  • Posts: 133
If the free-market equilibrium price for some product is $25, then a legal price ceiling set at $15 will bring about
◦ no change in the market outcomes.
◦ a surplus of the good.
◦ the same general effects as a price ceiling of $25.
◦ a shortage of the good.
◦ the same general effects as an equilibrium price of $15.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by kckanistras on Oct 12, 2022

studyforce.com

  • Full Member
  • ***
  • Posts: 193
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 56% of students answer this correctly




kckanistras

  • Member
  • Posts: 133
Reply 2 on: Oct 12, 2022
YES! Correct, THANKS for helping me on my review


cpetit11

  • Member
  • Posts: 321
Reply 3 on: Yesterday
Gracias!

 

Did you know?

The average human gut is home to perhaps 500 to 1,000 different species of bacteria.

Did you know?

All adults should have their cholesterol levels checked once every 5 years. During 2009–2010, 69.4% of Americans age 20 and older reported having their cholesterol checked within the last five years.

Did you know?

Pink eye is a term that refers to conjunctivitis, which is inflammation of the thin, clear membrane (conjunctiva) over the white part of the eye (sclera). It may be triggered by a virus, bacteria, or foreign body in the eye. Antibiotic eye drops alleviate bacterial conjunctivitis, and antihistamine allergy pills or eye drops help control allergic conjunctivitis symptoms.

Did you know?

The shortest mature adult human of whom there is independent evidence was Gul Mohammed in India. In 1990, he was measured in New Delhi and stood 22.5 inches tall.

Did you know?

The first successful kidney transplant was performed in 1954 and occurred in Boston. A kidney from an identical twin was transplanted into his dying brother's body and was not rejected because it did not appear foreign to his body.

For a complete list of videos, visit our video library