Government mandating of prices speed dating perth events


So riding to the rescue came DC Democrats – with Obamacare, and its fairy dust promises of lower prices.

In the individual market, Care Connect asked for and received a 29 percent increase.

It ensures prices stay high so that product can continue to be made.

A price floor set above the market equilibrium price has several side-effects.

By contrast, in the second graph, the dashed green line represents a price floor set above the free-market price.

In this case, the price floor has a measurable impact on the market.Consumers find they must now pay a higher price for the same product.


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