Identify the market equilibrium on price and quantity

Reference no: EM133276622

Question - Locate a recent article or event published in 2022 that highlights the Problem of Poverty that relates to Macroeconomics

State the article or event selected.

Identify the equilibrium price and quantity for your chosen country and/or international firm's goods.

Describe the differences between an effective price ceiling and an effective price floor.

State whether your chosen country or international firm experiences a price ceiling or price floor and why.

Explain whether your firm has been able to reap the benefits from additional consumer surplus and why.

Identify the market equilibrium on price and quantity for your chosen country or international firm.

Analyze the relevance to real-life applications.

Reference no: EM133276622

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