Questions tagged [price-control]

The tag has no usage guidance.

2 questions with no upvoted or accepted answers
Filter by
Sorted by
Tagged with
1
vote
0answers
19 views

What are the consequences of price-capping non-perishables undergoing temporary demand-spikes?

Due to the recent coronavirus outbreak (2020 for future readers), many consumers worldwide are overstocking on non-perishable products like toilet papers and hand sanitizers, in order to avoid ...
0
votes
0answers
31 views

What if the government impose both price control and supply restriction on the market?

Due to the virus outbreak, there is a surge in demand for mask and hand sanitizes. To prevent price hiking government impose a price ceiling on the products, however consumers are behaving irrational (...