Chemistry, 26.05.2021 05:30 hernandez09297

Match each definition with each vocabulary word a. shortage B. Binding Price floor
C. Inefficient markets
D. Surplus

1.A PRICE CONTROL PLACED ABOVE THE EQUILIBRIUM PRICE
2.a price control placed bellow the equilibrium price
3.this occurs when the quantity supplied exceeds the quantity demand
4.this occurs when the quantity demanded exceeds the quantity supplied
5.price controls usually result in this, meaning mutually beneficial transactions are unable to take place

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