Skip to main content
Microeconomics
My Course
Learn
Exam Prep
AI Tutor
Study Guides
Flashcards
Explore
Try the app
My Course
Learn
Exam Prep
AI Tutor
Study Guides
Flashcards
Explore
Try the app
Back
Price Ceilings, Price Floors, and Black Markets
Download worksheet
Problem 1
Problem 2
Problem 3
Problem 4
Problem 5
Problem 6
Problem 7
Problem 8
Problem 9
Problem 10
Price Ceilings, Price Floors, and Black Markets
Download worksheet
Practice
Summary
Previous
4 of 10
Next
5. Consumer and Producer Surplus; Price Ceilings and Floors / Price Ceilings, Price Floors, and Black Markets / Problem 4
Problem 4
Which of the following is a common characteristic of black markets?
A
They increase the transparency of market transactions.
B
They decrease the availability of goods.
C
They operate legally within government regulations.
D
They arise due to government-imposed price controls.
AI tutor
0
Show Answer