Micro Economics ECON 202-004
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This 1 page Class Notes was uploaded by Loretta Hellmann on Sunday October 2, 2016. The Class Notes belongs to ECON 202-004 at Western Kentucky University taught by Dr. Melvin Borland in Fall 2016. Since its upload, it has received 13 views. For similar materials see Prin Economics-Micro in Microeconomics at Western Kentucky University.
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Date Created: 10/02/16
Micro Economics Test was on Monday Wednesday 9/28 Price Ceiling- cannot chare a price higher Price Ceilings are maximum prices set by the government for a product/service that they believe are being sold at too high of a price Price Floor- cannot charge a price below Price Floors are minimum prices set by the government for product/service that they believe are being sold too low
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