Look at the graph. Does zone A represent the result of a price ceiling or price floor, and which scenario is an example of these

Question

mestny [16]

3 years ago

8

Look at the graph. Does zone A represent the result of a price ceiling or price floor, and which scenario is an example of these

conditions?

Business

1 answer:

Kamila [148] · Answer 1 · 2022-01-14T06:03:51+03:00

Based on the graph: http://assets.openstudy.com/updates/attachments/56b3c23ce4b067e118206d4d-chiinniita__-1454621262259-... we say that the zone A is a price ceiling and the scenario could be that the more quantity of things you sell it will tend to increase the prices of the supplies