Economy, asked by nehane143, 4 months ago

what is demerits off poor quality of item in celing price​

Answers

Answered by Anonymous
4

Answer:

Explanation:

While they make staples affordable for consumers in the short term, price ceilings often carry long-term disadvantages, such as shortages, extra charges, or lower quality of products. Economists worry that price ceilings cause a deadweight loss to an economy, making it more inefficient.


nehane143: thanku
Answered by muneebatanveer
1

Answer:

it make buyers feel bad and hence the shopkeeper of such items will lose their trust

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