=+*4. To be meaningful, a price ceiling must be below the market price. Conversely, a meaningful price

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=+*4. To be meaningful, a price ceiling must be below the market price. Conversely, a meaningful price floor must be above the market price.

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Microeconomics Private And Public Choice

ISBN: 9780324320367

11th Edition

Authors: James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson

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