Breweiss
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Price Ceilings & Price Floors
These notes will give you descriptions on Price Ceilings and Price Floors you may be learning about from you Microeconomics, Economics, or Macroeconomics class. They also listed the inefficiencies that are caused by Price Ceilings and Price Floors. In the clouds located in the margins are quick tricks to help you remember information regarding the non-binding and binding concepts with Price Floors and Price Ceilings. They will also help you recognize a shortage and surplus when looking at Supply...
- Textbook notes
- • 3 pages •
These notes will give you descriptions on Price Ceilings and Price Floors you may be learning about from you Microeconomics, Economics, or Macroeconomics class. They also listed the inefficiencies that are caused by Price Ceilings and Price Floors. In the clouds located in the margins are quick tricks to help you remember information regarding the non-binding and binding concepts with Price Floors and Price Ceilings. They will also help you recognize a shortage and surplus when looking at Supply...