How would you respond to the following when producers


How would you respond to the following: "when producers reduce prices for goods and services, it increases consumers' surpus and everyone's standard of living. Therefore, it behooves government to impose below-market price ceilings on consumer goods, thereby increasing consumers surplus and making everyone better off." What would be the effect of this policy? Discuss.

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Business Management: How would you respond to the following when producers
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