6.2 Peaches are sold in a competitive market to two types of demanders: consumers who eat fresh...

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6.2 Peaches are sold in a competitive market to two types of demanders: consumers who eat fresh peaches and firms that can them. If the government places a binding price ceiling on only peaches sold directly to consumers, what happens to prices and quantities sold for each use?

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Microeconomics

ISBN: 9780133456912

7th Edition

Authors: Jeffrey M. Perloff

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