Westonci.ca is the best place to get answers to your questions, provided by a community of experienced and knowledgeable experts. Get accurate and detailed answers to your questions from a dedicated community of experts on our Q&A platform. Discover detailed answers to your questions from a wide network of experts on our comprehensive Q&A platform.

how are the short-run consequences of price ceilings on bread magnified in the long run?

Sagot :

Answer:

It will no longer exists.

Explanation:

In the long run, bread consumers will choose substitutes to the expensive bread offered in the black market. ... In the long run, the price ceiling will no longer exist as the government is forced to abolish it.