liyahsmith5670 liyahsmith5670

15-04-2024
Business

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The language of price controls suppose that, in a competitive market without government regulations, the equiLiBrium price of soft tacos is 4 each. What is the effect of price controls on the equiLiBrium price of soft tacos?
1) The equiLiBrium price of soft tacos will decrease
2) The equiLiBrium price of soft tacos will increase
3) The equiLiBrium price of soft tacos will remain the same
4) Cannot be determined

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