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Price controls that put a price ceiling on goods and services create __________.

2 Answers

3 votes

Answer:

Rent control

Step-by-step explanation:

User Louis Somers
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the answer to this question is Shortages.
Price control put a limit on how high the price could be put by the sellers toward a certain product.
This limitation often make produces feel discouraged in selling those products because of the lower profit which make the market experience a shortage in that products
User Antoine Jaussoin
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