When a rent ceiling is imposed below the equilibrium price in a market,

a. excess supply will result
b. the resulting quantity demanded will be less than the quantity demanded at equilibrium
c. excess demand will result
d. the resulting market price will be greater than the equilibrium price
e. the quantity supplied could be greater than the quantity demanded

1

Answers

2014-05-26T17:23:34+05:30
I thinkĀ 
a) excess supply will result
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