Unlike Excise Taxes, Price Ceilings Create No Deadweight Loss

question 38

True/False

Unlike excise taxes, price ceilings create no deadweight loss.

---

Definitions:

Founders

Individuals who establish an organization or company, often bringing an innovative idea into existence.

Willing To Take A Risk

The readiness to engage in actions that involve uncertainty or danger, typically in pursuit of a significant reward.

Small-Business Start-Ups

Newly established small businesses in the early stages of operation, often characterized by innovation and growth potential.

Online Resources

Digital materials available on the Internet, including websites, databases, and multimedia content, intended for informational or educational purposes.