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Price sellers receive falls - PowerPoint PPT Presentation

E S S E N T I A L S O F

E S S E N T I A L S O F. F O U R T H E D I T I O N. Supply, Demand, and Government Policies. 6. In this chapter, look for the answers to these questions:. What are price ceilings and price floors? What are some examples of each?

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P R I N C I P L E S O F

P R I N C I P L E S O F. F O U R T H E D I T I O N. Supply, Demand, and Government Policies. 6. Government Intervention in Markets: Motivation. Price ceilings to help consumers (e.g. rent control) Price floors to help producers (e.g. farm price supports)

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Chapter 6

Chapter 6. What are price ceilings and price floors? What are some examples of each? How do price ceilings and price floors affect market outcomes? How do taxes affect market outcomes? How does the outcome depend on whether the tax is imposed on buyers or sellers?

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Price sellers receive falls - PowerPoint PPT Presentation

E S S E N T I A L S O F

P R I N C I P L E S O F

Chapter 6