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1. The COVID 19 virus has also resulted in a large increase in the price of eggs in several countries. In order to ensure that
1. The COVID 19 virus has also resulted in a large increase in the price of eggs in several countries. In order to ensure that people can still afford eggs, some governments are contemplating setting a maximum price for eggs. Use demand and supply diagram illustrate and explain the impact of such an action on the market for eggs.
2. Name two public goods that you have used. Explain why these goods have a "free rider" problem.
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