Question: Consumers understandably like lower prices but they should understand there

“Consumers understandably like lower prices, but they should understand there is a great difference between a lower price produced by a government price ceiling and a lower price that comes about through normal market channels; one benefits the consumer, the other may not.” How does our analysis of rent control relate to this pronouncement?


View Solution:


Sale on SolutionInn
Sales0
Views88
Comments
  • CreatedNovember 14, 2014
  • Files Included
Post your question
5000