Monday, October 29, 2012

Price Ceilings

     I oppose the idea the price ceilings have a place in our economy. I feel this way because price ceilings produce shortages and make it difficult to produce in the long run. I believe that in special circumstances a price ceiling may be the answer, but those times are extremely rare in my opinion. Price ceilings may be a short term fix that exist for a short period of time, but in the long run they over all cause more harm than they help.

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