How is it that price controls might cause shortages, and why do these shortages increase impact the

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How is it that price controls might cause shortages, and why do these shortages increase impact the availability of services?

Many have suggested we limit drug prices. Will this work and what is the impact of doing so. Consider both pro and con consequences.

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Posted Date: May 06, 2024 01:37 PM

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How is it that price controls might cause shortages, and why do these shortages increase impact the

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Price controls can cause shortages due to the mismatch between supply and demand When the government sets a maximum price below the market equilibrium ... View the full answer

Entrepreneurship Successfully Launching New Ventures

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