Chapter 6: Supply, Demand and Government Intervention - Part 1 - price controls and taxes

Описание к видео Chapter 6: Supply, Demand and Government Intervention - Part 1 - price controls and taxes

Price ceilings 0:26
- Binding vs nonbinding 1:31
- Other rationing mechanisms 5:26
- Impact of a price ceiling on consumer and producer surplus 15:11
Price floors 24:06
- Binding vs nonbinding 24:30
- Impact of a price floor on consumer and producer surplus 29:47
Alternatives to floors and ceilings 39:22

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