Determine the action keep the price above market equilibrium, Microeconomics

Assignment Help:

What actions could a government take in order to keep the price above market equilibrium?

There are four basic possibilities here;

1) Minimum price;

 2) A tax on the good;

3) Any form of price support scheme including government purchasing of the good; and

4) Government controls limiting supply.

 


Related Discussions:- Determine the action keep the price above market equilibrium

Markets, The market structure in the south African mobile telecommunication...

The market structure in the south African mobile telecommunications industry

Benefits of education, Benefits of Education The returns a person/soci...

Benefits of Education The returns a person/society (state/government) gets from acquiring education is referred to as benefits from education. If such returns are paid/receive

How end of the productivity slowdown - us economy, The End of the Productiv...

The End of the Productivity Slowdown As computers improved and spread throughout the U.S. economy in 1970's and 1980's economists kept waiting to see the wonders of computing

Explain about capital flight, Q. Explain about Capital Flight? Capital ...

Q. Explain about Capital Flight? Capital Flight: A destructive process in that investors (both domestic residents and foreigners) withdraw their financial capital from a countr

Mortgage delinquency, The issue I like to discuss is the ‘US Mortgage Delin...

The issue I like to discuss is the ‘US Mortgage Delinquency'. The Mortgage Delinquency may be defined in simple term as the ‘repeated failure to make loan repayment on time'. The d

Take a test, I have an online test which needs to be done on 60 min, would ...

I have an online test which needs to be done on 60 min, would this website be able to take it with me? like to be available for 60 min answering the multiple choice questions with

How multinational companies help developing countries, Evaluate the role of...

Evaluate the role of multinational companies in helping developing countries to achieve economic growth/development. Explanation of growth; enhance in GDP per time period Ex

Market structures and monopoly, waht are the characteristics of perfect com...

waht are the characteristics of perfect competetion market

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd