Non binding Price Controls (AP Micro, IB Economics)

preview_player
Показать описание
What if a price ceiling is set above a good's actual equilibrium price? Or what if a price floor is set below the actual price? In such cases, price controls are "non-binding". In this lesson we'll examine some examples of non-binding price controls and see what effect, if any, they have on a market!
Рекомендации по теме
Комментарии
Автор

Thank you so much for explaining this. Your explanation makes SO much more sense than my textbook(which tried covering these ideas over two chapters).

remnant
Автор

Thank you very much..
Your video help me a lot.
Please make one for demand and supply curve .
Please 🙏

DarnleyOpe-wn
Автор

Thank you very much..
Your video help me a lot.
Please make one for demand and supply curve

DarnleyOpe-wn
Автор

Thanks very much..
Can you please make a video of difference between demand and supply and also what's the difference between arrow of demand and supply moving to the right and up.

DarnleyOpe-wn
Автор

would this cause a difference in consumer and producer surplus?

LukeD-hi
join shbcf.ru