What happens if a government imposes price controls that require a selling price that isABOVE the equilibrium price? A. SHORTAGE. That shortage then puts a pressure on prices to DROP toward equilibrium. B. SHORTAGE. That shortage then puts a pressure on prices to RISE toward equilibrium. C. SURPLUS. That surplus then puts a pressure on prices to DROP toward equilibrium. D. SURPLUS. That surplus then puts a pressure on prices to RISE toward equilibrium. What happens if a government imposes price controls that require a selling price that isBELOW the equilibrium price? A. SHORTAGE. That shortage then puts a pressure on prices to DROP toward equilibrium. B. SHORTAGE. That shortage then puts a pressure on prices to RISE toward equilibrium. C. SURPLUS. That surplus then puts a pressure on prices to DROP toward equilibrium. D. SURPLUS. That surplus then puts a pressure on prices to RISE toward equilibrium.

What happens if a government imposes price controls that require a selling price that is ABOVE the equilibrium price? A. SHORTAGE. That shortage then puts a pressure on prices to DROP toward...

What happens if a government imposes price controls that require a selling price that isABOVE the equilibrium price?

	A.	SHORTAGE. That shortage then puts a pressure on prices to DROP toward equilibrium.
	B.	SHORTAGE. That shortage then puts a pressure on prices to RISE toward equilibrium.
	C.	SURPLUS. That surplus then puts a pressure on prices to DROP toward equilibrium.
	D.	SURPLUS. That surplus then puts a pressure on prices to RISE toward equilibrium.

What happens if a government imposes price controls that require a selling price that isBELOW the equilibrium price?

	A.	SHORTAGE. That shortage then puts a pressure on prices to DROP toward equilibrium.
	B.	SHORTAGE. That shortage then puts a pressure on prices to RISE toward equilibrium.
	C.	SURPLUS. That surplus then puts a pressure on prices to DROP toward equilibrium.
	D.	SURPLUS. That surplus then puts a pressure on prices to RISE toward equilibrium.

Jun 08, 2022