Which would be the least likely result of a binding price ceiling imposed in the market for online streaming services?

a.Restrictions on the number of hours watched per customer
b.More advertising
c.Additional fees for previously included movies, TV shows, and/or documentaries
d.Less investment in acquiring the rights to stream recently released movies, TV shows, and/or documentaries
e.Greater investment in optimizing the app’s user interface to make it more user-friendly
f. Less original content

The least likely result of a binding price ceiling imposed in the market for online streaming services will be an additional fees for previously included movies, TV shows, and/or documentaries.

What is a binding price ceiling?

This type of price ceiling refers to one that is adopted when the government sets a required price on a good or goods at a price below equilibrium. Most time, as the government requires that prices not rise above this price, that price binds the market for that good.

As the least likely result of a binding price ceiling imposed in the market for online streaming services will be an additional fees for previously included movies, TV shows, and/or documentaries. Therefore, the Option C is correct.