Economy, asked by nehane143, 3 months ago

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

Answers

Answered by venkatsaiteja022
1

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
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