Why would companies limit the number of units produced

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Reference no: EM1328630

Economic Production: Limiting the Number of Units

Why would companies limit the number of units produced? Does this invariably lead to "black markets"? How do black markets shift the supply and demand curves?

What other determinants of supply or demand (book calls these "shifters") might cause a change in the supply and demand curves?

Reference no: EM1328630

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