What is the effect of a price ceiling on the quantity demand, Microeconomics

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What is the effect of a price ceiling on the quantity demand

Problem

What is the effect of a price ceiling on the quantity demanded of the product? What is the effect of a price ceiling on the quantity supplied? Why exactly does a price ceiling cause a shortage?

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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