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THE INVISIBLE HAND

THE INVISIBLE HAND

Determining the Economic Effects of Gasoline Price Controls

The Secretary of Energy asks his policy group to help plan to implement price-control legislation. Explaining how this may affect a free market, the policy group must balance the needs of various groups of consumers with the need to provide suppliers' incentives. Topics include supply and demand, equilibrium price and quantity, black market, price ceiling and price control, shortage, scarcity, and tradeoff.

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This Title is part of the Series: PROJECT BASED ECONOMICS

QuantityOrder CodeISBNMedia/ContentPrice
INT262-WBINT 9781560046394 Simulation $39.95
INT262E-WBINT Downloadable version (11.7 MB) $39.95

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