A price ceiling will result in: a. higher returns to producers b. higher prices c. surpluses d.

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A price ceiling will result in:

a. higher returns to producers

b. higher prices

c. surpluses

d. shortages

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Principles Of Agricultural Economics

ISBN: 9780415540704

1st Edition

Authors: Andrew Barkley, Paul W. Barkley

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Question Posted: Apr 17, 2024 08:00 AM

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A price ceiling will result in: a. higher returns to producers b. higher prices c. surpluses d.

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d shortages A price ceiling is a maximum price that is legally allowed for a good or service When th...View the full answer

Principles Of Agricultural Economics

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