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Most physical distribution decisions involve trade-offs
Price Ceiling
A government-imposed limit on how high a price is charged for a product, meant to protect consumers from conditions that could make commodities prohibitively expensive.
Shortage
A market condition where the demand for a product exceeds its supply at a particular price.
Surplus
is a situation in which the quantity of a good or service available exceeds the quantity demanded at the current price.
Price Ceiling
A government-imposed limit on how high a price can be charged on a product or service, intended to protect consumers.
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