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Please read the following article and answer the questions below: https://www.reuters.com/article/us-indonesia-airlines-strategy-insight-idUSKCN1U6031 1. What type of price control did the Indonesian government use to regulate domestic
Please read the following article and answer the questions below:
https://www.reuters.com/article/us-indonesia-airlines-strategy-insight-idUSKCN1U6031
1. What type of price control did the Indonesian government use to regulate domestic airfares?
2. Do you think this is a binding price control? Why?
3. What are some of the unintended effects of the price control, as described in the article?
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