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Effects of Price Controls
Questions (3)
Suppose that the equilibrium price in the market for widgets is $5. If a law reduced the maximum
legal price for widgets to $4,
2 answers
asked by
Shawn
1,384 views
Suppose that after pork prices rise dramatically, voters demand that the government place price controls on bacon.
What is the
1 answer
asked anonymously
19 views
Suppose that after pork prices rise dramatically, voters demand that the government place price controls on bacon.
What is the
1 answer
asked anonymously
20 views
Parent Categories (2)
Price and Consumer Surplus
Price Controls
