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1) The government will tax good for many reasons, resulting in a fall in equilibrium quality while the prices increase. Could someone explain how price controls and taxes have influenced your purchasing choices.

2) Give an example of a shift in consumer and producer surplus. How did it affect the market efficiency? Please explain.

 

Macroeconomics, Economics

  • Category:- Macroeconomics
  • Reference No.:- M9295142

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