A price ceiling Group of answer choices prevents sellers from charging less than a certain amount. leads to efficiency in the market. must be above equilibrium price to have an effect on the market. results in a loss in total economic surplus. all of the aboveA policy that reduces total economic surplus Group of answer choices changes who gets the largest slice of the pie. gives everyone a larger slice of the pie. makes society worse off. redistributes a pie of equal size. makes society better off (improves the taste of the pie)