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When There Are Price Ceilings,_____ Tend to Develop

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Short Answer

When there are price ceilings,_____ tend to develop.


Definitions:

Net Operating Income

The total profit of a company after operating expenses are subtracted from gross profit but before income taxes and interest expenses are deducted.

Average Operating Assets

The average value of assets used in the production or operation of a company over a specific period.

Sales

The total amount of revenue generated by the sale of goods or services.

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