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September 30, 2014

Homework Help: Economics

Posted by Anonymous on Monday, April 30, 2012 at 6:58pm.

Why does a government place price ceilings, such as rent control, on some "essential" goods?

I choose C am I right?

A. to prevent the development of a black market
B. toencourage an increase in supply of necessary items
C. to limit the impact of equilibrium pricing
D. to help reduce demand for these goods

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