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Number of Pages 9
This research paper: A 9 page research paper that examines the topic of price equilibrium as affected by price controls. This discussion, first of all, looks at the processes of supply and demand and how equilibrium price and output are defined and established. Then, this information is applied to the question of price controls and what would be the likely consequences of the government attempting through price regulation to change market equilibrium prices, using two recent examples, the energy crisis in California and the ongoing national debate concern the price of prescription drugs. Bibliography lists 4 sources.
File: D0_khpricon.rtf
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