Why do we expect firms in this market to only charge 20 why
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?
Now Priced at $10 (50% Discount)
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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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