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  • https://socialsci.libretexts.org/Courses/Prince_Georges_Community_College/ECN-1050%3A_Principles_of_Microeconomics/03%3A_Demand_and_Supply/3.05%3A_Price_Ceilings_and_Price_Floors
    In the absence of government intervention, the price would adjust so that the quantity supplied would equal the quantity demanded at the equilibrium point E 0 , with price P 0 and quantity Q 0 . Howev...In the absence of government intervention, the price would adjust so that the quantity supplied would equal the quantity demanded at the equilibrium point E 0 , with price P 0 and quantity Q 0 . However, policies to keep prices high for farmers keeps the price above what would have been the market equilibrium level—the price Pf shown by the dashed horizontal line in the diagram.
  • https://socialsci.libretexts.org/Bookshelves/Economics/Economics_(Boundless)/3%3A_Introducing_Supply_and_Demand/3.4%3A_Government_Intervention_and_Disequilibrium
    Governments intervene in markets when they inefficiently allocate resources.
  • https://socialsci.libretexts.org/Bookshelves/Economics/The_Economics_of_Food_and_Agricultural_Markets_(Barkley)/02%3A_Welfare_Analysis_of_Government_Policies/2.01%3A_Price_Ceiling
    In some circumstances, the government believes that the free market equilibrium price is too high. If there is political pressure to act, a government can impose a maximum price, or price ceiling, on ...In some circumstances, the government believes that the free market equilibrium price is too high. If there is political pressure to act, a government can impose a maximum price, or price ceiling, on a market.
  • https://socialsci.libretexts.org/Bookshelves/Economics/Economics_(Boundless)/4%3A_Economic_Surplus/4.1%3A_Consumer_Surplus
    In general as the price of a good increases, the quantity demanded of that good decreases.
  • https://socialsci.libretexts.org/Bookshelves/Economics/Principles_of_Macroeconomics_3e_(OpenStax)/03%3A_Demand_and_Supply/3.05%3A_Price_Ceilings_and_Price_Floors
    In the absence of government intervention, the price would adjust so that the quantity supplied would equal the quantity demanded at the equilibrium point E 0 , with price P 0 and quantity Q 0 . Howev...In the absence of government intervention, the price would adjust so that the quantity supplied would equal the quantity demanded at the equilibrium point E 0 , with price P 0 and quantity Q 0 . However, policies to keep prices high for farmers keep the price above what would have been the market equilibrium level—the price Pf shown by the dashed horizontal line in the diagram.

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