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Discuss how price controls affect a competitive market

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Discuss how price controls affect a competitive market. Be sure to refer to the demand and supply model when discussing efficiency. Also discuss how equity and efficiency relate to the markets.

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

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Microeconomics: Discuss how price controls affect a competitive market

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