Ask Question
11 January, 04:33

As a group, are sellers better or worse off with the price ceiling compared to trade in a market with no price controls? That is, do they capture more or less gain with the ceiling?

+4
Answers (1)
  1. 11 January, 05:19
    0
    In analyzing the price ceiling in regards to the impact it has on sellers, it is clear that price controls may be detrimental in the gains attained by business owners when ceilings exist. This is due to the limitations placed and the ability of a single company to dominate the market.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “As a group, are sellers better or worse off with the price ceiling compared to trade in a market with no price controls? That is, do they ...” in 📘 Mathematics if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers