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1 January, 02:15

Do producers tend to favor price floors or price ceilings? Why?

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  1. 1 January, 05:30
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    Do producers tend to favor price floors or price ceilings? ... price floors because, when binding, price floors increase price above the equilibrium and may increase producer surplus. A black market is. a market in which buying and selling occur at prices that violate government price and regulations.
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