Question: Which statement reflects the situation when the price exceeds the price ceiling? 1. Electrolux air-conditioners have set too high premium prices until their sales volumes

Which statement reflects the situation when the price exceeds the price ceiling?

1. Electrolux air-conditioners have set too high premium prices until their sales volumes growth was -5% this year, even though consumers acknowledge the amount of effort from their research & development investment.

2. Samsung air-conditioners offer 30% discount in summer for the family whose family members exceed 3 persons.

3. Toshiba air-conditioners offers both discounted and premium prices in order to capture totally different segments of Southeast Asia.

4. Mitsubishi air-conditioners has never adjusted their prices in the past 2 years.

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