when a shortage of a good is present due to a price ceiling, group of answer choices the amount supplied will be greater than the amount demanded. the quality of the good will generally improve. non-price factors, such as discrimination or waiting in line, will play a greater role in the allocation of the good. the demand for the product will increase and, thereby, eliminate the shortage.

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02-11-2022
Business

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when a shortage of a good is present due to a price ceiling, group of answer choices the amount supplied will be greater than the amount demanded. the quality of the good will generally improve. non-price factors, such as discrimination or waiting in line, will play a greater role in the allocation of the good. the demand for the product will increase and, thereby, eliminate the shortage.

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