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Due to the COVID-19 pandemic, many Bahamians are experiencing economic hardship. To compound the problem, price have steadily increased and most notably on items that

Due to the COVID-19 pandemic, many Bahamians are experiencing economic hardship. To compound the problem, price have steadily increased and most notably on items that the consuming public usually purchase. Is this a good time to implement price controls? Evaluate. (hint: use your knowledge of market structures in your response)

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