Question
Give an example of a either a price control, price floor or quota limit imposed by the government (current or in the past) Do you
Give an example of a either a price control, price floor or quota limit imposed by the government (current or in the past) 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.
i know the answers may be online however, i need an original answer please. it doesn't have to be long
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