Monday, October 29, 2012

price ceilings blog

I think that the government should not put have any price ceilings. When the market price is at an equalibrium, the supply and demand meet. I think that we should not have a price ceiling because it limits people to make their full potential. It messes up with the system and people are not satisfied with what happens. By putting a ceiling price on, this will make the producer have left over product and is unable to sell all of the product.

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