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Documents Markets and efficiency Today: Why controlling the market is often bad for efficiency.

Slide 1Markets and efficiency Today: Why controlling the market is often bad for efficiency Slide 2 Rent control in Isla Vista Who thinks it is a good idea? Why? Who thinks…

Documents Chapter Supply, Demand, and Government Policies 6.

Slide 1Chapter Supply, Demand, and Government Policies 6 Slide 2 Controls on Prices How price ceilings affect market outcomes – Price ceiling Legal maximum on the price…