Asked by tony

Black markets result from:
A. price floors
B. price ceilings
C. shifts in demand
D. competitive price outs

I think it's C?

14 years ago

Answered by tony

or it might be B ?

14 years ago

Answered by Ms. Sue

C is the best answer. Black markets occur when goods are rationed or overly expensive -- as during war time.

14 years ago

Answered by tony

thanks!

14 years ago

Answered by Ms. Sue

You're welcome.

14 years ago

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