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Quantity controls - PowerPoint PPT Presentation

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407 views • 25 slides
New York City: An empty taxi is hard to find.

New York City: An empty taxi is hard to find.

What you will learn in this chapter: ? The meaning of price controls and quantity controls , two kinds of government intervention in markets ? How price and quantity controls create problems and make a market inefficient

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248 views • 24 slides
Government Reactions to Monopolies

Government Reactions to Monopolies

Government Reactions to Monopolies. Economics 2/7/12. Why should government intervene?. As discussed earlier, monopolies produce too little and charge too much. Nobody is in a position to stop a monopoly except for the government.

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186 views • 9 slides
AP Economics

AP Economics

AP Economics. Mr. Bernstein Module 9 : Quantity Controls October x, 2013. AP Economics Mr. Bernstein. Quantity Controls Another example of Government Intervention in markets Quotas ( ie fishing limits) Limits ( ie sugar imports into US) Licenses ( ie taxi medallions).

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185 views • 6 slides
Module Supply and Demand: Quantity Controls

Module Supply and Demand: Quantity Controls

9. Module Supply and Demand: Quantity Controls. KRUGMAN'S MACROECONOMICS for AP*. Margaret Ray and David Anderson. What you will learn in this Module :. The meaning of quantity controls, another way government intervenes in markets

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64 views • 6 slides

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