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Nostrana [21]
3 years ago
10

A price support is a type of

Business
2 answers:
larisa [96]3 years ago
7 0

Answer:

C. price fixing

Explanation:

Price ceilings prevent a price from rising above a certain level. When a price ceiling is set below the equilibrium price, quantity demanded will exceed quantity supplied, and excess demand or shortages will result. Price floors prevent a price from falling below a certain level.

Scorpion4ik [409]3 years ago
4 0
The answer is C. price fixing
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