Principles of Economics (Second Edition)
Principles of Economics (Second Edition)
2nd Edition
ISBN: 9780393614077
Author: coppock, Lee; Mateer, Dirk
Publisher: W. W. Norton & Company
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Chapter 6, Problem 5QFR
To determine

The effect of price control on market price.

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Students have asked these similar questions
. Explain why economists usually oppose price control
how can price controls be used to avoid prices from increasing further
Is there a better alternative to imposing a price ceiling?
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