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A Level Eco - Micro 1 > Th1.4: Maximum and Minimum Prices > Flashcards

Th1.4: Maximum and Minimum Prices Flashcards

1
Q

For a maximum price to have an effect…

A

it must be set below the current price equilibrium

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2
Q

For a minimum price to have an effect…

A

it must be set above the current price equilibrium

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A Level Eco - Micro 1 (90 decks)

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