State any one implication of price ceiling imposed by the government.

The implications of price ceiling have been extensively covered in the study material that is available on our website. Refer to the below link to go through this topic.

https://www.meritnation.com/cbse/class12-commerce/studymaterial/economics/introductory-microeconomics/market-equilibrium/338_1984_5824#slide4_price-ceiling-price-floor-and-wage-determination

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