Answered You can hire a professional tutor to get the answer.
QUESTION
a binding price ceiling will have the following consequences a. there are no consequences to a binding price ceiling b.
- a binding price ceiling will have the following consequences
a. there are no consequences to a binding price ceiling
b.there will be downward pressure on prices until quantity demanded equals quantity supplied
c. there will be upward pressure on the prices until quantity demanded equals quantity supplied
d. the quantity demanded will always exceed the quantity supplied
e.the quantity demanded will always be smaller than the quantity supplied
