Assume the price for chicken is $7 per pound in equilibrium. If the government mandates that chicken
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Assume the price for chicken is $7 per pound in equilibrium. If the government mandates that chicken cannot be sold for anything less than $5 per pound, what type of regulation is this? explain.
Related Book For
Microeconomics An Intuitive Approach with Calculus
ISBN: 978-0538453257
1st edition
Authors: Thomas Nechyba
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