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1) Lovers of classical music persuade the government to impose a binding price ceiling of $50 per concert ticket, arguing that cheaper tickets will help
1) Lovers of classical music persuade the government to impose a binding price ceiling of $50 per concert ticket, arguing that cheaper tickets will help more people to attend concerts of classical music.
a) Are they correct?
b) Will more people be attending classical music concerts?
c) Explain your answers
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