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Onions are a critical element in many dishes made in the Jamaica. For a variety reasons, the market price has jumped to $5 a pound
Onions are a critical element in many dishes made in the Jamaica. For a variety reasons, the market price has jumped to $5 a pound and this has made the many citizens angry. The government has imposed a price ceilings of $4.50 per pound. As a result we should expect
a. Producers to be better off and consumers to be worse off
b. Producers to be worseoff and consumers to be better of
c. Some consumers will be better off but some will not be
d. Producers ton be worse off and consumers will not be impacted
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