Assertion: price ceiling | /r/HasProperty | set
Facets:
Source sentences:
text: When a price ceiling is set, a shortage occurs.
text: If a price ceiling is set, then there must be a way to assign who gets the low supply of the product.
text: All else being equal (i.e. controlling for how far below the free-market equilibrium price the price ceiling is set), markets with more elastic supply and/or demand will experience larger shortages under a price ceiling, and vice versa.