Benefits & drawbacks of real world example of price control


Assignment Problem: Explain the benefits and drawbacks of a real world example of price control.

In this discussion, your task is to:

1. Find a price control that is, has been, or could be enacted in the real world

2. Then explain the potential benefits and drawbacks of that control. A goal of this prompt is to see both sides of an argument, so please come up with at least one argument for and against said price control.

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Microeconomics: Benefits & drawbacks of real world example of price control
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