Price ceilings and price floors: a) shift demand and supply curves and therefore have no effect upon the rationing function of prices. b) interfere with the rationing function of prices. c) make the rationing function of free markets more efficient. d) cause surpluses and shortages, respectively.
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Home » Business » Price ceilings and price floors: a) shift demand and supply curves and therefore have no effect upon the rationing function of prices. b) interfere with the rationing function of prices. c) make the rationing function of free markets more efficient.