Describe the government place price ceilings

Reference no: EM13198117

Why does a government place price ceilings, such as rent control, on some "essential" goods?

C. am I right?

A. to prevent the development of a black market
B. toencourage an increase in supply of necessary items
C. to limit the impact of equilibrium pricing
D. to help reduce demand for these goods

Reference no: EM13198117

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