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Why does a government place price ceilings, such as rent control, on some "essential" goods? I choose C am I right? A. to preve...Question
Why does a government place price ceilings, such as rent control, on some "essential" goods?
C. am I right?
A. to prevent the development of a black market
B. toencourage an increase in supply of necessary items
C. to limit the impact of equilibrium pricing
D. to help reduce demand for these goods
Answers
Miko
Sure, Why not,
Hawk
C. to limit the impact of equilibrium pricing