Business Studies, asked by saiprakashssp5786, 8 months ago

Black markets are associated with
A) Price floors and the resulting product shortages B) Ceiling prices and the resulting product shortages C) Price floors and the resulting product surpluses D) Ceiling prices and the resulting product surpluses

Answers

Answered by shaziarashidmalik13
0

Answer:

Black markets are associated with: price floors and the resulting product surpluses. ... A price floor means that: inflation is severe in this particular market.

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