Price Discovery: Supply and Demand · Supply & Demand
Government Intervention
Evaluating the impact of price floors, price ceilings, and subsidies on market outcomes.
Key Questions
- 1What trade-offs does this policy create for low-income renters?
- 2How do price controls lead to the development of black markets?
- 3Who are the unintended losers when a minimum wage is implemented?
Ontario Curriculum Expectations
ON: Economic Decision Making - Grade 12ON: The Role of Government in the Economy - Grade 12
Grade: Grade 12
Subject: Economics
Unit: Price Discovery: Supply and Demand
Period: Supply & Demand
Suggested Methodologies
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