Their main function is to filter waste products in the blood, and kidney failure occurs when this organ loses its filtering capabilities; causing significant levels of waste to gather, and resulting in the chemical makeup of your bodyâs blood becoming out of whack.
A price ceiling is a government-imposed price control or limit on how high a price is charged for a product.Governments intend price ceilings to protect consumers from conditions that could make necessary commodities unattainable. price ceiling is a government-imposed price control or limit on how high a price is charged for a product.
A price ceiling prevents the price from being raised to the equilibrium level. Since the price is not high enough, firms will supply less than the quantity demanded, and there will be a shortage, as you say. However, the amount of the excess demand is entirely determined on how you draw your supply and demand diagram.