Question
Give an example of a either a price control, price floor or quota limit imposed by the government (current or in the past) which hast
Give an example of a either a price control, price floor or quota limit imposed by the government (current or in the past) which hast not been discussed in the lectures in detail. Do you think there is any dead-weight loss associated with this policy? Why or why not (comment based on the nature of competition in the market it is/was implemented in) ? What are the costs or benefits of this policy to the various stakeholders such as consumers and producers. In your post take a stand about whether you think the policy was beneficial or not and provide your reasoning
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