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The government puts a price ceiling on the price of a large pizza. Do you agree or disagree that consumers will loose from this policy?

The government puts a price ceiling on the price of a large pizza. Do you agree or disagree that consumers will loose from this policy? Explain why.

Explain why you agree or disagree with the following statement:

Since Canada only has approximately 38 million people it is not constrained by scarcity, while India which has approximately 1.4 billion people, is constrained by scarcity.

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