Question: Question With your own words explain what will happen in a perfectly competitive market, If the Government intervene by setting a Price ceiling. Illustrate with

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With your own words explain what will happen in a perfectly competitive market, If the Government intervene by setting a Price ceiling. Illustrate with an example.

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2. Ask questions, listen rather than attempt to persuade.

9. How much of the information collected will be used in decision-making?

1. Background knowledge of the subject and