Monday, October 29, 2012

Price Ceilings

     I believe that the US government should not have price ceilings. Even though a price ceiling can help out a person in need, such as a poor person needing help with purchasing the necessary goods and services. In this system a business would not be able to produce a profit, because of the high demand and price ceiling imposed on the business. Also, this can create a shortage of a product.

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