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Price Controls

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toconnor127
toconnor127

Teaches price floors and ceilings

EducaciónViajesEmpresariales
1 de 21
“ What happens when the government gets involved?”
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[object Object]
[object Object],[object Object],[object Object],[object Object]
[object Object],[object Object],[object Object],[object Object]
[object Object],[object Object],[object Object]
[object Object],[object Object],[object Object]
[object Object],[object Object],[object Object]
 
P Q 0
P Q S 0
P Q S D 0
P Q S D P* Q* 0
P Q S D P* Q* 0 P ceiling Q s Q d Amount of Shortage
[object Object],[object Object],[object Object]
 
Wage # of Workers 0
Price/ Wage # of Workers S 0
Price/ Wage # of Workers S D 0
Price/ Wage # of Workers S D w* L* 0
Price/ Wage # of Workers S D w* L* 0 w floor L d L s Amount of Unemployed Workers

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Price Controls

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