The imposition of price ceilings on a market often results in

A) an increase in investment in the industry.
B) a persistent surplus in the market.
C) an increase in expenditures in the black market.
D) lower prices being offered on the black market.

Price Ceilings

A government-imposed limit on the price charged for a product, intended to keep prices affordable for consumers.

Black Market

An illegal trading system where goods or services are exchanged in a way that is not authorized by the government, often to avoid taxes or regulations.

Market Investment

Allocating resources, often financial, into a market with the expectation of achieving a future financial return.