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History, 24.10.2019 16:43 lethycialee79711

Which example best demonstrate the effect of artificial price controls on supply and demand

a)both rent controls and minimum wage laws result in shortages
b) both rent controls and minimum wage laws in surpluses
c) rent controls result in surpluses and minimum wage laws result in shortages
d) rent controls result in shortages and minimum wage laws result in surpluses

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Which example best demonstrate the effect of artificial price controls on supply and demand
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