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Suppose, as the Commerce Secretary, you were taske

Suppose, as the Commerce Secretary, you were tasked to investigate, “Should the government impose a price control on the companies that manufacture ventilators?” “What might be the pros and cons of a possible price control on ventilators?” Suppose there was a shortage of pencils and the price rose from 1 cent per pencil to $1.00 – a 100% increase. “Should the government impose price controls on pencils?”In general, “What products or services might call for price controls?”

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