Price controls distribute resources in many unintended ways. In the following cases, who will probably spend more

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Price controls distribute resources in many unintended ways. In the following cases, who will probably spend more time waiting in line to get scarce, price-controlled goods? Choose one from each pair:
a. Working people or retired people?
b. Lawyers who charge $800 per hour or fast-food employees who earn $8 per hour?
c. People with desk jobs or people who can disappear for a couple of hours during the day?
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Modern Principles of Economics

ISBN: 978-1429278393

3rd edition

Authors: Tyler Cowen, Alex Tabarrok

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