If the government imposes a price ceiling on $6 on this market then there will be ?

QAmmunity.org

My account
Edit my Profile
Private messages
My favorites

Ask a Question
Questions
Unanswered
Tags
Categories
Ask a Question

asked Jul 19, 2018 158k views

3 votes

If the government imposes a price ceiling on $6 on this market then there will be ?

Social Studies
college

Ktross asked

by Ktross

9.2k points

0 Comments

Please log in or register to add a comment.

Please log in or register to answer this question.

1 Answer

4 votes

No shortage. I hope this helps.

Cybermotron answered Jul 26, 2018

by Cybermotron

9.1k points

0 Comments

Please log in or register to add a comment.

← Prev Question Next Question →

Related questions

asked Mar 17, 2024 58.5k views

A market is described by the following supply and demand curves: Qs = 4P QD = 400-P The equilibrium price is $ ___ and the equilibrium quantity is ___. Suppose the government imposes a price ceiling of

SQVe asked Mar 17, 2024

by SQVe

8.3k points

Business
high-school

1 answer

5 votes

58.5k views

asked Jul 7, 2024 143k views

Suppose the government wants to encourage Americans to exercise more, so it imposes a binding price ceiling on the market for in-home treadmills. As a result, a) the demand for treadmills will increase.

Tymik asked Jul 7, 2024

by Tymik

8.5k points

Business
high-school

1 answer

1 vote

143k views

asked Jun 9, 2024 77.4k views

The government imposes a price ceiling below the equilibrium price. The price ceiling will cause: A) Surplus B) Shortage C) No impact on the market D) Decrease in demand

Shaneeka asked Jun 9, 2024

by Shaneeka

8.2k points

Mathematics
high-school

1 answer

1 vote

77.4k views

Ask a Question

Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

9.5m questions

12.2m answers

0 Comments

Please log in or register to add a comment.

Please log in or register to answer this question.

1 Answer

0 Comments

Please log in or register to add a comment.

Related questions

Other Questions