Question
The recent drought of 2018 experienced in Cape Town can lead to a severe shortage of maize products such as mealie meal. In terms
"The recent drought of 2018 experienced in Cape Town can lead to a severe shortage of maize products such as mealie meal. " In terms of this statement:
3.1 Describe the type of price control that government can implement so that maize products are affordable to vulnerable sectors of the economy. (10)
3.2 Illustrate and explain the scenario in 3.1 using the demand and supply model. (10)
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Price Theory and Applications
Authors: Steven Landsburg
9th edition
1285423526, 978-1285947877, 1285947878, 978-1285423524
