If government imposes a price ceiling on wheat which of the-08891
If government imposes a price ceiling on wheat, which of the following will occur in the market for wheat?
This multiple choice question (MCQ) is related to the book/course vu eco401 Economics. It can also be found in vu eco401 Final Term - Quiz No.14.
If government imposes a price ceiling on wheat, which of the following will occur in the market for wheat?
There will be excess demand for wheat.
There will be excess supply of wheat.
The demand curve for wheat will shift leftward.
The supply curve for wheat will shift rightward.