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Business, 26.11.2019 21:31 miabarrett8117

The edict on maximum prices, established by the roman emperor diocletian, created price ceilings on various jobs and goods in a failed effort to curb inflation. for example, legal pay for a farm laborer could be no more than 10.8¢ a day (payment set in modern currency). if the market rate of farm labor was 12¢ a day, which would be a plausible consequence of this law? select one:
a. an increase in unemployment for farm hands
b. nothing unusual
c. farms would produce more food than they otherwise would
d. a laborer would work less hard than he otherwise would

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The edict on maximum prices, established by the roman emperor diocletian, created price ceilings on...
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