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Question 1 Government intervention in the market creates some changes in price. a) With the aid of graph illustration, describe how government intervention can maximize

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Question 1 Government intervention in the market creates some changes in price. a) With the aid of graph illustration, describe how government intervention can maximize the price through ceiling price in the market. (16 marks) b) With the aid of graph illustration, describe how Government intervention can minimizing price through floor price in the market. (16 marks)

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