Do you think that the intervention by the government in implementing price ceilings or price floors is justified in today’s time; why or why not? Are the consumers getting what they want; why do you believe this to be so? Are the suppliers able to sell what they produce; why do you think so?
Use an example from another country besides United States to justify your reasoning. Use examples that are unique from your classmates.
For this Discussion, you must post an initial response, reply to a classmate, and interact with another student or instructor, for a total of three posts minimum.
Your posts should have no spelling/grammar errors. Your post is due by 11:59 PM on due date.
The word count for your initial response must be 300-350 words. The word count for your reply to a classmate must be 75-100 words. There is no required word count for additional interactions/posts.
For your initial response, you have a choice of topics. You may respond to Issue 1 or Issue 2 below. Either answer the questions for Issue 1, OR follow the instructions for Issue 2. Begin your response by stating which Issue – 1 or 2 – you are responding to.
For your reply to a classmate, explain your reaction to your classmate’s post. Did you agree or disagree, why?
Issue 1
Do you think that the intervention by the government in implementing price ceilings or price floors is justified in today’s time; why or why not? Are the consumers getting what they want; why do you believe this to be so? Are the suppliers able to sell what they produce; why do you think so?
Use an example from another country besides United States to justify your reasoning. Use examples that are unique from your classmates.
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