problems

What do economists mean when they say “Price floors and ceil-ings stifle the rationing function of prices and distort resource allocation”?

Topic: Session 1 Discussion Questions Read chapters 1, 2, & 3 and answer Discussion Questions Chapter 1: 1 & 7, Chapter 2: 1 & 10, Chapter 3: 1, 3, & 7 I. What is an opportunity cost? Flow does the idea relate V: the definition of economics? Which of the following decisions would entail the […]

Scroll to top