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Governor Parson is afraid that corn prices are getting out of control in Missouri. He immediately signs an executive order capping corn prices at $10
Governor Parson is afraid that corn prices are getting out of control in Missouri. He immediately signs an executive order capping corn prices at $10 per bushel. His economic advisor says "But sir, the price of corn is currently at $7.14." The governor looks at his advisor in a confused manner.
Explain why the advisor pointed this fact out to the governor.
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