Given the market for petrol in the UK illustrate the impact on the equilibrium price and quantity of the following;  A maximum price for petrol set by government.

Survey Of Economics
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ISBN:9781337111522
Author:Tucker, Irvin B.
Publisher:Tucker, Irvin B.
Chapter4: Markets In Action
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  1. Given the market for petrol in the UK illustrate the impact on the equilibrium price and quantity of the following;  A maximum price for petrol set by government.

    

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