karamaddyFerre karamaddyFerre

08-03-2016
Business

Answered

Price controls can cause _____.

equilibrium prices

efficient markets

shortages and surpluses

Verified Answer :

Dracula419 Dracula419

08-03-2016

price control causes shortages and surpluses depending on whether it is the maximum or minimum price control. if it is maximum, there will be surpluses and if it is minimum, there will be shortages due to how much people can afford.

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trentcook2202 trentcook2202

24-02-2020

Answer:

shortages and surpluses

Answer Link

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