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Price controls can cause _____.

equilibrium prices
efficient markets
shortages and surpluses

User Quano
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2 Answers

5 votes

Answer:

shortages and surpluses

User Ruslan Ulanov
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price control causes shortages and surpluses depending on whether it is the maximum or minimum price control. if it is maximum, there will be surpluses and if it is minimum, there will be shortages due to how much people can afford.
User Mishu
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