How does a price ceiling undermine the rationing function, Microeconomics

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How does a price ceiling undermine the rationing function

How does a price ceiling undermine the rationing function of market-determined prices? How could rationing coupons insure that consumers with the highest values get the limited amount of a good supplied when government prices ceilings create shortages?

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Microeconomics: How does a price ceiling undermine the rationing function

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Microeconomics: How does a price ceiling undermine the rationing function

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