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AP Microeconomics
Unit 2 – Supply and Demand
Topic 2.6
If the government imposes a price ceiling below the equilibrium price in a market, what is likely to occur?
Equilibrium
Shortage
Decrease in consumer surplus
Surplus
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AP Microeconomics - 2.6 Market Equilibrium and Consumer and Producer Surplus
Key terms
Equilibrium Price
Market
Price Ceiling
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About Us
About Fiveable
Blog
Careers
Testimonials
Code of Conduct
Terms of Use
Privacy Policy
CCPA Privacy Policy
Resources
Cram Mode
AP Score Calculators
Study Guides
Practice Quizzes
Glossary
Crisis Text Line
Request a Feature
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© 2024 Fiveable Inc. All rights reserved.
AP® and SAT® are trademarks registered by the College Board, which is not affiliated with, and does not endorse this website.
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