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2 replies
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@Bell_curve
19 Aug
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on: Grocery Store Price Gouging?
econ
Price control means shortages
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@k00b
19 Aug
We know that. They don't.
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@Undisciplined
OP
19 Aug
Technically, binding price ceilings cause shortages, while binding price floors cause gluts. Non-binding price controls don't do anything.
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