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Question: Supply and Demand, A Process of Coordination

What would have happened if there had been no laws against price gouging and the price of gasoline immediately after Sandy had hit $50 per gallon? You may certainly wish to comment on ways that life would have been worse but I want you to specifically comment on ways that life would have been better for New Yorkers. How would high prices have helped to make economy function better?

Macroeconomics, Economics

  • Category:- Macroeconomics
  • Reference No.:- M93136420

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