6. The government decides to impose a price ceiling on a good, because it thinks the...

 

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6. The government decides to impose a price ceiling on a good, because it thinks the market determined price is "too high." If it imposes the price ceiling above the equilibrium price: A. consumers will purchase less of the good after the price ceiling is imposed. C B. consumers will respond to the higher price and therefore wish to purchase less of the good than at the equilibrium price. C. there will be no change to either the price of quantity in the market. D. producers will respond to the higher price and therefore offer fewer units for 6. The government decides to impose a price ceiling on a good, because it thinks the market determined price is "too high." If it imposes the price ceiling above the equilibrium price: A. consumers will purchase less of the good after the price ceiling is imposed. C B. consumers will respond to the higher price and therefore wish to purchase less of the good than at the equilibrium price. C. there will be no change to either the price of quantity in the market. D. producers will respond to the higher price and therefore offer fewer units for

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