Arrange the following statements in chronological sequence about how government intervention in the form of price control has an impact on the market.
(A) There will be an excess demand for sugar in the market at that price.
(B) Government-imposed upper limit on the price of sugar.
(C) Quantity of sugar can be distributed to everyone, through a system of rationing.
(D) It could end up creating a shortage of sugar in the market.
Choose the correct answer from the options given below:
Held on 29 May 2025 · Verified 13 Jul 2026.
(A), (B), (C), (D)
(A), (C), (B), (D)
(B), (A), (D), (C)
(C), (B), (D), (A)
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