Shortage or surplus of price control becomes ________ in the long run than in the short run.

Shortage or surplus of price control becomes ________ in the long run than in the short run. Tax burden or subsidy benefit becomes _________ in the long run than in the short run.

Group of answer choices：

Larger: Smaller

Smaller: Smaller

Larger: Larger

Smaller: Larger

Solutions

Expert Solution

B) Smaller, smaller

Shortage or surplus of price control becomes smaller in the long run than in the short run . Tax burden or subsidy benefits become smaller in the long run than in the short run.

Rahul Sunny answered 1 year ago

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