DP Economics Questionbank
Price ceilings (maximum prices): rationale, consequences and examples
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[N/A]Directly related questions
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20N.1.SL.TZ0.2b:
Discuss the consequences for different stakeholders when the government imposes a price ceiling on a market.
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16N.1.SL.TZ0.1b:
Discuss the view that governments should not intervene in housing markets.
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17M.3.HL.TZ0.02b.iii:
The government in Alpha imposes a price ceiling of $5 per kilogram.
Calculate the welfare loss after the imposition of the price ceiling.
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17M.3.HL.TZ0.02b.ii:
The government in Alpha imposes a price ceiling of $5 per kilogram.
Calculate the change in the consumer surplus after the imposition of the price ceiling.
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21M.3.HL.TZ0.1i:
Calculate the change in consumer expenditure on rice resulting from the imposition of the maximum price.
- 21M.3.HL.TZ0.1k: With reference to Figure 2, outline why the imposition of a maximum price might lead to the...
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21M.3.HL.TZ0.1j:
State two methods of non-price rationing.
- 21M.3.HL.TZ0.1l: Explain one reason, apart from the possible creation of a parallel market, why the imposition of...
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21M.3.HL.TZ0.1h:
Calculate the change in producer surplus resulting from the imposition of the maximum price.
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21M.3.HL.TZ0.1g:
Calculate the shortage resulting from the imposition of the maximum price.
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19M.1.SL.TZ1.2a:
Explain why a government might decide to impose a price ceiling on goods and services such as essential foods or rented housing.
