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Suppose the government imposed price controls in a competitive market below market equilibrium (S=D). How does this affect output? How should the managers of the
Suppose the government imposed price controls in a competitive market below market equilibrium (S=D). How does this affect output? How should the managers of the companies in this market react to these price controls? Explain your
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Economics Today The Macro View
Authors: Roger LeRoy Miller
18th Edition
0133884872, 978-0133884876
