If a binding price ceiling were imposed in the computer market,
a. the demand for computers would increase.
b. the supply of computers would decrease.
c. a shortage of computers would develop.
d. All of the above are correct.
Answer: C
If a binding price ceiling were imposed in the computer market,
a. the demand for computers would increase.
b. the supply of computers would decrease.
c. a shortage of computers would develop.
d. All of the above are correct.
Answer: C