Respuesta :
The correct answer is c. In the short-run, a price ceiling on gasoline will create a lesser shortage than in the long run.
When value is simply too low, amount demanded is bigger than quantity provided. This excess demand is thought as a shortage. A value ceiling may be a most quantity, mandated by law, that a vender will charge for a product or service. It's typically applied to shopper staples.
A value ceiling may be a legal most value set below the equilibrium value. A value ceiling creates a shortage. As a result of the shortage, we have a tendency to should develop some different approach of deciding who gets to shop for gas.
If it's simply a short lived shortage that is inflicting rampant inflation, ceilings will mitigate the pain of upper costs till offer returns to traditional levels once more. Value ceilings also can stimulate demand and encourage outlay. So, within the short term, price ceilings have their blessings.
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