Question

Which of these is most likely to lead directly to a black market?

a. a supply shock
c. rationing
b. a price floor
d. equilibrium

Answer 1

I would say it's rationing: if people are only allowed a certain number of something (let's say: bottles of cooking oil), then the people who are entitled to is (as all are) but don't need is as much are likely to try to make profit by trying to sell it on a black market.

Answer 2

c. rationing

Step-by-step explanation:

Which is an example of a good whose price goes down because of improvements in technology? Why did Communist governments use a command economic system for many years? ... Quantity demanded will exceed quantity supplied, so the price will drop. Excess supply means that producers will make less of the good.