If a price ceiling is ineffective and it decreases: Tip: Remember where should the price ceiling be to be effective. Select an answer and submit. For keyboard navigation, use the up/down arrow keys to select an answer. a it will change the amount of a good sold in a market b it will not change the amount of a good sold in a market с it may change the amount of a good sold in a market if it decreases enough d it may not change the amount of a good sold in a market even if it decreases enough
If a price ceiling is ineffective and it decreases: Tip: Remember where should the price ceiling be to be effective. Select an answer and submit. For keyboard navigation, use the up/down arrow keys to select an answer. a it will change the amount of a good sold in a market b it will not change the amount of a good sold in a market с it may change the amount of a good sold in a market if it decreases enough d it may not change the amount of a good sold in a market even if it decreases enough
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Transcribed Image Text:If a price ceiling is ineffective and it decreases:
Tip: Remember where should the price ceiling be to be effective.
Select an answer and submit. For keyboard navigation, use the up/down arrow
keys to select an answer.
a
it will change the amount of a good sold in a market
b
it will not change the amount of a good sold in a market
C
it may change the amount of a good sold in a market if it
decreases enough
d
it may not change the amount of a good sold in a market
even if it decreases enough
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