Explain the practical effect of price controls on product


Explain the practical effect of price controls on product and service availability, quality and true cost. What is the full impact of rent controls? On whose behalf are they imposed? Who are the winners and who are the losers? What is the impact of putting price caps on generators and dry ice in the immediate aftermath of a natural disaster, such as a hurricane?

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Microeconomics: Explain the practical effect of price controls on product
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