Quantitative Analysis of Price Ceilings and Price Floors: Finding Areas

5. Consumer and Producer Surplus; Price Ceilings and Floors / Quantitative Analysis of Price Ceilings and Price Floors: Finding Areas / Problem 4

Problem 4

Which of the following is a real-world example of a price ceiling?

Tariffs on imported goods.

Rent control in urban areas.

Subsidies for agricultural products.

Minimum wage laws.