Lovers of opera persuade the government to impose a price ceiling of 50 per ticket at the
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Lovers of opera persuade the government to impose a price ceiling of €50 per ticket at the country’s national opera house. Does this policy get more or fewer people to attend? What does the market outcome depend on?
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Imposing a price ceiling of 50 per ticket at the countrys national opera house can have various effects on the number of people attending the opera Th...View the full answer
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