Why does a government place price ceilings, such as rent control, on some “essential” goods?. A. to prevent the development of a

Question

3 years ago

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Why does a government place price ceilings, such as rent control, on some “essential” goods?. A. to prevent the development of a

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

Business

2 answers:

Maksim231197 [3] · Answer 1 · 2022-08-23T16:53:10+03:00

The government place price ceilings, such as rent control, on some essential goods because of the reason of limiting <span>the impact of equilibrium pricing. This will also limit the direct increase of the prices of the goods. This will also help regulate the flow of prices in the market.</span>

balu736 [363] · Answer 2 · 2022-08-23T19:19:35+03:00

Answer:

Those that are essential but too expensive for some people.