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Market Mechanism, Market Failure and government intervention
Government Intervention to Correct Market Failure
Intervention 3 – Price Controls-Minimum and Maximum Price
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Subdecks (2)
Maximum Price (Price Ceiling)
Year 1 Microeconomics > Market Mechanism, Market Failure and government intervention > Government Intervention to Correct Market Failure > Intervention 3 – Price Controls-Minimum and Maximum Price
6 cards
Minimum Price (Price Floor)
Year 1 Microeconomics > Market Mechanism, Market Failure and government intervention > Government Intervention to Correct Market Failure > Intervention 3 – Price Controls-Minimum and Maximum Price
7 cards