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Price controls and equilibrium

Price controls and equilibrium

A maximum price is a legal ceiling above which a good may not be sold. It is binding only when set below the free-market equilibrium price.

3.2.4 maximum and minimum prices Lesson

  1. Intl A Level
  2. /Economics
  3. /3.2.4 maximum and minimum prices

Step-by-step lessons on CIE Intl A Level Economics 3.2.4 maximum and minimum prices. Each one builds up to exam-style questions.

Lessons