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Practice Problem of the Day, 9/16/2013

September 16th, 2013 · 3 Comments
Practice Problem of the Day

This video shows how prices can be controlled by supply and demand more effectively than by decree or force. The problem is taken from Essentials of Economics, 2nd Edition, by Paul Krugman, Robin Wells, and Kathryn Graddy, and is Ch. 3 problem #11.

You can find more practice problems via the Practice Problem of the Day category archive or by visiting the Econ Classroom page. You can also be notified of new practice problems by subscribing to the YouTube channel.

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