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Home > Principles of Microeconomics (Video) > Price Ceilings: Shortages and Quality Reduction
Podcast: Principles of Microeconomics (Video)
Episode:

Price Ceilings: Shortages and Quality Reduction
Category: Education
Duration: 00:06:26
Publish Date: 0000-00-00 00:00:00
Description: Price ceilings result in five major unintended consequences, and in this video we cover two of them. Using the supply and demand curve, we show how price ceilings lead to a shortage of goods and to low quality goods. Prices are signals that indicate to...
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