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Title: When a city government sets a maximum price for taxi fares that is below the market-clearing price, ... Post by: Tragamin on Dec 28, 2017 When a city government sets a maximum price for taxi fares that is below the market-clearing price, we see
A) long waits for taxis. B) a decrease in demand. C) frustrated taxi drivers who can't find riders. D) an excess supply of taxis. E) an increase in supply. Title: Re: When a city government sets a maximum price for taxi fares that is below the market-clearing ... Post by: ediww on Dec 28, 2017 A
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