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If a price ceiling is a binding constraint on the market, __________. A. the equilibrium price must be below the price ceiling B. buyers cannot buy all they want to buy at the price ceiling C. there is excess supply D. sellers cannot sell all they want to sell at the price ceiling
Weegy: B. the equilibrium price must be below the price ceiling (More)
Question
Updated 8/19/2013 2:27:18 PM
1 Answer/Comment
If a price ceiling is a binding constraint on the market, the equilibrium price must be above the price ceiling.

Added 8/19/2013 2:27:18 PM
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