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Suppose Kate lives in a community with no price controls. What could happen if her town borders a community where there is a nonbinding price ceiling on most products
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Suppose Kate lives in a community with no price controls. What could happen if her town borders a community where there is a nonbinding price ceiling on most products

User Smj
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Answer: The price and the quantity sold in the community without a nonbinding price ceiling will be the same as the price and quantity in the community with a nonbinding

Step-by-step explanation:

The price and the quantity sold in the community without a nonbinding price ceiling will be the same as the price and quantity in the community with a nonbinding

User Sterling Archer
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