Inefficient allocations of goods to consumers often result from:
A) price ceilings.
B) producer surplus.
C) equilibrium prices.
D) consumer surplus.

Name: Inefficient allocations of goods to consumers often result from: A) price ceilings. B) producer surplus. C) equilibrium prices. D) consumer surplus.
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Question

Quizplus · Accepted Answer

Price ceilings can lead to inefficient allocations because they prevent prices from reaching equilibrium, leading to shortages and misallocation of resources.

Inefficient Allocations of Goods to Consumers Often Result From