Answer to Question #81363 in Microeconomics for Julia Pengevali Hailaula

Question #81363
Assume that the market price for a 5kg bag of rice is R80 and the government has announced that a 5kg bag of rice can not be sold for less than R100. With a well labelled diagram explain the effect the above government decision will have in the market
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Expert's answer
2018-09-26T09:47:09-0400
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