Microeconomics Book Reviews
Microeconomics by Nisha Book Summary
The demand and supply model shows how people and firms will react to the incentives provided government laws to control prices, in ways that will often lead to undesirable consequences. Laws that government enacts to regulate prices are called Price controls . The imposition of a price floor or a price ceiling will prevent a market from adjusting to its equilibrium price and quantity, and thus will create an inefficient outcome. In this chapter I discuss two cases rent ceiling and winimum Wage control.
Book Name | Microeconomics |
Genre | Economics |
Author | Nisha |
Published | 01 May 2019, Wednesday |
Language | English |
E-Book Size | 3.29 MB |
Microeconomics (Nisha) Book Reviews 2024
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Download Link | Book Format |
microeconomics-ebook.pdf | |
microeconomics-ebook.epub | EPUB |
microeconomics-ebook.kindle | KINDLE |
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Summary of Microeconomics by Nisha
The Microeconomics book written by Nisha was published on 01 May 2019, Wednesday in the Economics category. A total of 24 readers of the book gave the book 0 points out of 5.
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