What is the effect of a price ceiling on the quantity, Microeconomics

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What is the effect of a price ceiling on the quantity

Question: What is the effect of a price ceiling on the quantity demanded of the product? What is the effect of a price ceiling on the quantity supplied? Why exactly does a price ceiling cause a shortage? The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

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Microeconomics: What is the effect of a price ceiling on the quantity

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Microeconomics: What is the effect of a price ceiling on the quantity

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