Black markets often emerge when products/services are banned or subject to price controls. They are illegal and

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Black markets often emerge when products/services are banned or subject to price controls. They are illegal and operating outside the approval of the government. Is this development good or bad?

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Microeconomics

ISBN: 978-1464187025

2nd edition

Authors: Austan Goolsbee, Steven Levitt, Chad Syverson

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Posted Date: Nov 23, 2018 09:32 AM

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Black markets often emerge when products/services are banned or subject to price controls. They are illegal and

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A black market is an underground economy that basically deals with the good ... View the full answer

Microeconomics

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