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9 June, 14:49

The government might enact a price ceiling in order to accomplish what?

A prevent rationing

B increase supply

C protect the poor

D get out of debt

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Answers (2)
  1. 9 June, 14:59
    0
    To bring about a surplus
  2. 9 June, 15:12
    0
    A. prevent rationing

    Explanation:

    Price ceiling occurs when the government puts a limit on the maximum price a seller of a good or service can charge. This is to prevent these sellers from charging exorbitant prices which would make the aforementioned good/service less affordable. If not controlled, they could hoard the products to sell them to buyers willing to pay the higher price. Price ceiling therefore prevents this rationing.
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