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When a price control pushes the price of a good or resource below the market equilibrium, then O the scarcity of the good will be
When a price control pushes the price of a good or resource below the market equilibrium, then O the scarcity of the good will be eliminated a surplus of the good will develop O a shortage of the good will develop O the quantity supplied will be greater than the quantity demanded of the good Question 22 1 pts If import restrictions prohibit foreigners from selling various goods and services in the U.S. market, the domestic producers in the protected industries will supply goods to U.S. consumers at lower prices than would otherwise be the case. O foreigners will have fewer U.S. dollars with which to buy U.S. goods and services. the U.S. will be able to produce more output than would otherwise be the case. the U.S. will be able to export more goods abroad
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