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Business, 31.07.2019 20:40 krandall232

If you were a politician, why would you find it difficult to remove a binding price ceiling? because it greatly benefits firms, and they would spend a lot of money to lobby against the law’s repeal because it greatly benefits government, which receives additional tax revenue as a result because it greatly benefits all consumers, and they are also voters because it greatly benefits some consumers who are also voters because it greatly benefits society as a whole, with all consumers able to buy as much as firms produce

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If you were a politician, why would you find it difficult to remove a binding price ceiling? becaus...
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