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Explain the effect of a price ceiling on the quantity by ceiling and the quantity of a good and who this intervention intends to assist

User Csaba
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Answer:

The price ceiling intends to assist the consumers by setting the maximum price that the sellers could sell to the market. This usually will lower the number of goods that exist in the market. Mainly because many sellers will get a lot of their possible income cut off.

Step-by-step explanation:

User Tom Potter
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