Answered

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Which statement is correct?
a. A shortage of goods and services may occur due to the establishment of a price ceiling.
b. An excess of goods and services may happen after a price floor is imposed.
c. Imposing price ceilings benefits both producers and consumers.
d. When a price floor is imposed, all producers and individuals benefit.
e. Price ceilings are imposed in order to limit the amount of some necessary good or service that consumers can buy.

Sagot :

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