Price controls − maximum price

IB Economics: Price controls − maximum price

This lesson focuses on the impact of a maximum price on the market for a good or service. At first glance many of your students may be supportive of a maximum price on certain goods and services. This is because the benefits of price controls for certain products seem obvious − who wouldn"t want to pay less for the goods and services that they purchase? However, an important lesson which your classes need to take...

To access the entire contents of this site, you need to log in or subscribe to it.

You can also request a Free trial or check the blog (which is also free)

All materials on this website are for the exclusive use of teachers and students at subscribing schools for the period of their subscription. Any unauthorised copying or posting of materials on other websites is an infringement of our copyright and could result in your account being blocked and legal action being taken against you.