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Identify and evaluate consequences of government price supports and subsidies in U.S. farming markets. Do rent ceiling laws for apartments result in an efficient allocation

  • Identify and evaluate consequences of government price supports and subsidies in U.S. farming markets.
  • Do rent ceiling laws for apartments result in an efficient allocation of apartment units? Why or why not?
  • Would the market system,absent of the above government interventions, result in a more efficient allocationin these markets?

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