Governments sometimes fix maximum prices on goods for different reasons. Assess whether the use of a maximum price is always advantageous. Section C Answer one question.

Economics
IGCSE&ALevel
CAIE
Exam No:9708_w23_qp_21 Year:2023 Question No:3(b)

Answer:



Knowledge points:

3.1.3 controlling prices in markets
3.2.4 maximum and minimum prices

Solution:

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