An outcome that can result from either a price ceiling or a price floor is
A)a surplus in the market.
B)a shortage in the market.
C)a nonbinding price control.
D)long lines of frustrated buyers.

Question

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The Answer of An outcome that can result from either a price ceiling or a price floor is
A)a surplus in the market.
B)a shortage in the market.
C)a nonbinding price control.
D)long lines of frustrated buyers.

An Outcome That Can Result from Either a Price Ceiling