मराठी

What is the common impact of both price ceiling and price floor on market equilibrium?

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प्रश्न

What is the common impact of both price ceiling and price floor on market equilibrium?

पर्याय

  • No disturbance in equilibrium

  • Equilibrium is achieved faster

  • Market equilibrium is disrupted

  • Demand and supply are equalised.

MCQ
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उत्तर

Market equilibrium is disrupted

Explanation:

Both price controls create a gap between quantity demanded and supplied, disturbing market equilibrium.

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