How price floors and ceilings stifle the rationing function
Problem: What do economists mean when they say "Price floors and ceilings stifle the rationing function of prices and distort resource allocation?
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A "moderate" interpretation of the E2E argument is that, if hosts can implement certain functionality correctly, then implement this functionality
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What do economists mean when they say "Price floors and ceilings stifle the rationing function of prices and distort resource allocation?
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