Solved 1) A) Binding price ceiling that creates a | Chegg.com
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A government-imposed price of $12 in this market is an example of a: a. Non-binding price ceiling that creates a shortage, b. Non-binding price floor that creates a surplus, c. Binding price
microeconomics - Does non-binding price ceiling effect the market? - Economics Stack Exchange
A price ceiling above $25 per box is not a binding price ceiling in this market. (Economists call a price ceiling that prevents the market from reaching equilibrium a binding price ceiling.)
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What is a price floor? Examples of binding and non-binding price floors. - FreeEconHelp.com, Learning Economics... Solved!
