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AP Microeconomics
Unit 6 – Market Failure and the Role of Government
Topic 6.4
What is the purpose of a price ceiling in regulating a monopoly?
To reduce consumer surplus.
To eliminate deadweight loss.
To increase the monopoly's profits.
To force the monopoly to produce at the socially optimal price and quantity.
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AP Microeconomics - 6.4 The Effects of Government Intervention in Different Market Structures
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Price Ceiling
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About Fiveable
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CCPA Privacy Policy
Resources
Cram Mode
AP Score Calculators
Study Guides
Practice Quizzes
Glossary
Crisis Text Line
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© 2024 Fiveable Inc. All rights reserved.
AP® and SAT® are trademarks registered by the College Board, which is not affiliated with, and does not endorse this website.
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