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Category > Economics Posted 29 May 2017 My Price 6.00

The Federation of Vegetable Farmers Association of Malaysia reported

The Federation of Vegetable Farmers Association of Malaysia reported that a lack of workers caused a 25% drop in production that drove up vegetable prices by 50% to 100% in 2005 (“Vegetable Price Control Sought,” thestar.com.my, June 6, 2005). Consumers called for price controls on vegetables. Show why the price increased, and predict the effects of a binding price control. V

 

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Status NEW Posted 29 May 2017 07:05 AM My Price 6.00

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