Explain how price ceilings encourage greater discrimination

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Reference no: EM132473327

Subject Is Macroeconomics:

Question 1: Explain how price ceilings encourage greater discrimination?

Question 2: Draw a Supply & Demand graph for kidneys with a P=$0 price control, but a positive quantity of kidneys Supplied.

Question 3: On a Supply & Demand graph, draw the legal market for Ivory with a Q=0 quantity control, On a separate graph, draw the illegal market with a market clearing price.

Reference no: EM132473327

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