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Price controls can cause____

A. Efficient Markets
B. Shortages and Surpluses
C. Equilibrium Prices​

User Sam Comber
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2 Answers

5 votes

Answer:

A: Shortages and surpluses

Step-by-step explanation:

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 Liqang Liu
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7 votes
B. Your answer is B, Shortages and Surpluses
User Golobitch
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