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In order to reduce the effects of a shortage caused by a price ceiling, what must a government do?

User Etudor
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The answer is that "a government should raise the price ceiling".

Price ceiling refers to the price control which is imposed by the government, so a price ceiling happens when the administration or government puts a legitimate limit on how high the cost of an item can be. All together at a cost roof to be powerful, it must be set underneath the normal market balance or equilibrium. At the point when a price ceiling is set, a deficiency happens.
User HaC
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