New interactive practice tool: What are the effects of a price ceiling? This set of interactive questions uses engaging examples to help students identify changes in consumer and producer surplus on a supply and demand graph due to a price ceiling. Deadweight loss and the quantity sold in the market after the price ceiling are also illustrated.
- High School
- University
3 Comments
Good
Thanks
Thank you for the Price Ceiling feature. It does provide more insight into the supply & demand dynamic. Thanks.