Supply, Demand, & Government Policies | Economics | From A Business Professor
Автор: Business School 101
Загружено: 2025-03-24
Просмотров: 2643
Описание: Imagine you’re filling up your car at the gas station, and you suddenly notice that the price of gasoline has jumped by 20% overnight. You might wonder, should you start using public transportation, carpool, or stick with your usual driving routine despite the higher costs? Your decision might not only be influenced by the forces of supply and demand but also by government policies that impact the market. Today, we’re going to explore how government actions—such as taxes, price controls, and subsidies—interact with supply and demand to shape market outcomes.
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