Have you had any personal experience with price controls

Reference no: EM132462417

Question: A student learning outcome for this course is: "Engage in dialogue to discuss practical applications of market models and the merits of policy choices, especially as they may relate to concepts of socio-economic welfare (price controls, tax policy, etc.)"

Have you had any personal experience with price controls (floors or ceilings)? Can you find an interesting story in the news or from your own life that is relevant to this issue? Write your post as a descriptive story and show us what the pros and cons were in the price control you chose. The supplemental resources in Moodle for the past few weeks can help you with different examples of price controls from the USA and abroad to get you started.

Reference no: EM132462417

Questions Cloud

Identify a principal-agent problem and evaluate the tools : For the company, you selected to identify a principal-agent problem and evaluate the tools it uses to align incentives and improve profitability.

How does the result change : How does this result change if XYZ only has $50 of current earnings and profits and $100 of accumulated earnings and profits?

Identify the method of calculating manufacturing cost : Identify the method of calculating manufacturing cost for the company. Determine if the cost method the company has chosen is most appropriate.

What was it about favorite photographer : What was it about your favorite photographer that you thought was interesting? Was it the actual images themselves? Was it the way the photographer

Have you had any personal experience with price controls : Have you had any personal experience with price controls (floors or ceilings)? Can you find an interesting story in the news or from your own life.

How various types of firewalls interact with network traffic : Describe how the various types of firewalls interact with network traffic at various levels of the OSI model. What is a DMZ? Is this really an appropriate.

What about the setting : Consider the short story "Hills Like White Elephants" by Ernest Hemingway and write a brief response. What did you think of the story?

What is total contribution margin at the break-even point : The variable expenses are $12 per unit, and fixed expenses total $30,000 per year. What is the total contribution margin at the break-even point

Discuss the use of technology in education : Discuss The use of technology in education, Does the use of technology improve the educational experience for both students and teachers?

User Account

All Pages