Determine whether each statement is true or false. A. Price ceilings result in resources being allocated to activities with the highest possible value. B. Price ceilings result in a reduction in mutually beneficial exchanges. C. Though they may face higher prices, consumers usually see an increase in product quality when price ceilings are imposed. D. A problem with price ceilings is that they lead to surpluses. E. When price ceilings are imposed, consumers pay lower explicit prices but often face higher costs in terms of waiting in line for goods and services