After a series of poor harvests, a government imposes an effective maximum price on cereals.
What would be a consequence of this policy?
1 )
Both rich and poor people would satisfy their demands equally.
2 )
Illegal buying and selling through a black market would be prevented.
Rationing would be necessary to ensure a fair distribution of cereals.
4 )
The market would fail to clear leaving a surplus of cereals.
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