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Author Question: If the government imposes a maximum price that is above the equilibrium price (Read 159 times)

Arii_bell

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on: Apr 19, 2019

If the government imposes a maximum price that is above the equilibrium price


◦ this maximum price will have no economic impact.
◦ quantity demanded will be less than quantity supplied.
◦ demand will be greater than supply.
◦ the available supply will have to be rationed with a nonprice rationing mechanism.
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
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Marked as best answer by Arii_bell on Apr 19, 2019

Jbrasil

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Reply #1 on: Apr 19, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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Arii_bell

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Reply #2 on: Apr 19, 2019
Excellent


Jbrasil

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Reply #3 on: Apr 19, 2019
Great! Please up vote :D


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