ECONOMICS (CBSE/UGC NET)

ECONOMICS

PRICE CEILINGS AND FLOORS

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Price controls distribute resources in many unintended ways. In the following cases below, who will probably spend more time waiting in line to get scarce, price-controlled goods? Choose one from each pair:
A
Working people
B
Retired people
C
Either A or B
D
None of the above
Explanation: 
There is 1 question to complete.