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Why does a govemment place price ceilings on some "essential" goods?

Why does a govemment place price ceilings on some "essential" goods?
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Why does a govemment place price ceilings on some "essential" goods?

User Spaleja
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2 Answers

5 votes
To limit the impact of equilibrium pricing
User Jasen
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3 votes

Answer:

To keep goods from becoming too expensive

Step-by-step explanation:

User Stratosgear
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