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Author Question: With respect to some commodity, X, if government objectives are to (1) restrict production and (2) ... (Read 55 times)

moore.cailinf

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on: Oct 12, 2022
With respect to some commodity, X, if government objectives are to (1) restrict production and (2) keep prices down to protect consumers, then legislated price ceilings will
◦ satisfy both goals as long as a hidden market does not develop.
◦ only have an effect on commodities at the international level.
◦ be a dismal failure as neither goal can ever be achieved with price ceilings.
◦ satisfy only the second goal if a hidden market develops.
◦ satisfy both goals but only if a hidden market develops.
Microeconomics ¦ Ragan ¦ 17th Edition
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Marked as best answer by moore.cailinf on Oct 12, 2022

xinyifff

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Reply #1 on: Oct 12, 2022
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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moore.cailinf

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Reply 2 on: Oct 12, 2022
Great answer, keep it coming :)

patma1981

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Reply 3 on: Yesterday
Excellent

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