The price of the impacted product

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Reference no: EM131095402

In a one page paper, answer the following questions:

1. Identify one example of a price control that is used in the United States or in another country. (1 paragraph)

2. If the price control were not in place, what would happen to the price of the impacted product? Why? (1 paragraph)

3. Does the price control benefit or harm producers and/or consumers? Why? (1 paragraph)

Reference no: EM131095402

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