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Not all caps are created the same, but since prices

Posted on: December 31, 2019 at 10:00:28 CT
ummmm MU
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established by markets are at the equilibrium point of supply and demand, any price cap (below the equilibrium point) will lead to a shortage even if not a complete elimination.

And you're right that price caps don't affect, as much, larger companies which operate with economies of scale. Hence, why large corporations are keen on lobbying the govt for more govt control. It kills their competition.

Edited by ummmm at 10:00:54 on 12/31/19
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"Rules of Origin" Show Why "Trade Agreements" Aren't Free - ummmm MU - 12/31 09:04:33
     Don't need free trade to be in writing - ashtray UF - 12/31 10:28:33
          Yep. (nm) - ummmm MU - 12/31 10:33:01
     No, people do NOT have to choose between total - GA Tiger MU - 12/31 09:54:52
          Now consider your statement here with your story the other - ummmm MU - 12/31 10:07:03
          you are incapable of understanding anything - pickle MU - 12/31 09:59:48
     Good article - meatiger MU - 12/31 09:39:01
          Aren’t you for TPP or whatever the hell it’s called? (nm) - pickle MU - 12/31 10:56:15
               and NAFTA, but not Trump's new NAFTA - 90Tiger STL - 12/31 11:44:59
               I am for any treaty that - meatiger MU - 12/31 11:06:47
                    Ah, so that’s a no (nm) - pickle MU - 12/31 11:20:13
          meat, you support the deal before the "trump" deal (NAFTA) - 90Tiger STL - 12/31 10:47:26
               yes I did - meatiger MU - 12/31 11:07:59
                    RE: yes I did - 90Tiger STL - 12/31 11:41:57
          You've shown to have a great pulse on tariffs front - ummmm MU - 12/31 09:44:46
     A great read for the R v D, so-called conservatives crowd (nm) - pickle MU - 12/31 09:25:20
          With a logical fallacy - Mormad MU - 12/31 09:37:54
               He didn’t say no milk would be produced (nm) - pickle MU - 12/31 09:57:27
               He didn't say "no milk would be produced" - ummmm MU - 12/31 09:42:48
                    actually - meatiger MU - 12/31 11:09:31
                         Supply controls are another form of price control and have - ummmm MU - 12/31 11:12:20
                              RE: Supply controls are another form of price control and have - meatiger MU - 12/31 14:41:28
                    I guess, technically, he said - Mormad MU - 12/31 09:48:30
                         Are you familiar with “price gouging”? - pickle MU - 12/31 09:58:21
                         Recommended reading for you: - ummmm MU - 12/31 09:53:29
                         Because the shortage would lead to empty shelves...which - ummmm MU - 12/31 09:50:26
                              Certainly, I can see that if it's oppressive enough - Mormad MU - 12/31 09:53:53
                                   Not all caps are created the same, but since prices - ummmm MU - 12/31 10:00:28
                                        you'd think this was pretty common knowledge - but - 90Tiger STL - 12/31 10:44:04




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