A binding price ceiling will result in: excess demand for the good or service. the market eventually returning to the equilibrium price and quantity….

A binding price ceiling will result in:

excess demand for the good or service.

the market eventually returning to the equilibrium price and quantity.

excess supply of the good or service.

None of these is correct.

The post A binding price ceiling will result in: excess demand for the good or service. the market eventually returning to the equilibrium price and quantity…. appeared first on Academic Works Help.

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