The control of prices by legislation usually produces a number of consequences. Which of the…

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Economics JAMB 1984

The control of prices by legislation usually produces a number of consequences. Which of the following is NOT an association problem of maximum price control?

  • Excess supply checkmark
  • Favouritism
  • Bribery and corruption
  • Bllack marketing
  • Hoarding

The correct answer is: A

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