misterwhale6319 misterwhale6319

25-03-2024
Business

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Suppose the government enacts a price ceiling on ice cream. Which of the following actions would ice cream producers take to maintain their profits under this price ceiling?
1) Increase the quantity of ice cream produced
2) Reduce the quality of ice cream produced
3) Reduce the cost of production
4) Find alternative markets for their ice cream

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