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Economics

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

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

  • Economics -

    Sure, Why not,

  • Economics -

    C. to limit the impact of equilibrium pricing

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