Question Description

I’m working on a economics question and need guidance to help me learn.

1. In at most one typed page (inclusive of all diagrams), discuss the consequences of a real-life governmental price control (ceiling or floor). Your example may be from the US or a foreign country. A theoretical discussion of price controls may be found in “Ch2_Supplementary lecture notes on demand and supply analysis.pptx” I believe a good topic for this case will be “The minimum wage in the USA” could you use this topic base by the case problem question. Use sources one or two sources and use citation at the end of the paper.

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