(Choose 1 answer)
(17276) Suppose the government has imposed a price ceiling on televisions. Which of the following events could transform the price ceiling from one that is not binding into one that is binding?
A. Firms expect the price of televisions to fall in the future.
B. The number of firms selling televisions decreases.
C. Consumers' income decreases, and televisions are a normal good.
D. The number of consumers buying televisions decreases.
E46
