Why is it necessary to impose price controls


Problem

If the distribution of income in the economy is quite unequal, is it necessary to impose price controls or otherwise change prices in the competitive marketplace to make it more equal?

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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Microeconomics: Why is it necessary to impose price controls
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