Question: In the chapter, we discussed how price ceilings can put goods in the wrong place, as when too little heating oil wound up in New

In the chapter, we discussed how price ceilings can put goods in the wrong place, as when too little heating oil wound up in New Jersey during a harsh winter in the 1970s. Price controls can also put goods in the wrong time as well. If there are price controls on gasoline, can you think of some periods during which the shortage will get worse?

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