The government imposes a 30 price ceiling why do we expect
The equilibrium price for a good is $20. The government imposes a $30 price ceiling. Why do we expect firms in this market to only charge $20? Why won't companies charge $30?
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the equilibrium price for a good is 20 the government imposes a 30 price ceiling why do we expect firms in this market
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if both the demand for a good and the supply for a good increase what will happen to equilibrium price and quantity be
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