The market price for a product is $50. The government sets a price ceiling at $10?

As a result, goods in this market will tend to be exchanged at a price of _____?A) $10B) $50C) Above $50D) Between $10 and $50Please provide explanati

As a result, goods in this market will tend to be exchanged at a price of _____?
A) $10
B) $50
C) Above $50
D) Between $10 and $50

Please provide explanation why.

or:As a result, goods in this market will tend to be exchanged at a price of _____?A) $10B) $50C) Above $50D) Between $10 and $50Please provide explanation why.

or:down with the government, the bourgeoisie, capitalism

Tags:price,good,microeconomics,