Advantages and disadvantages to price controls

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Please Analyze the supply and demand of goods or service of Subway restaurant:

Think what your Subway produces. Determine some things that would change the demand for their product?
How does quantity demanded change?
What are some things that would affect changes in supply?
What if the government raised the minimum wage. How would this policy effect Subway?
Do some research on your own and explain the advantages and disadvantages to price controls.
In general, do you think the government should intervene in the market? Examples include minimum wage, rent control, etc.

 

Reference no: EM1374123

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