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Title: One of the best defenses we have against malaria these days comes from a fern-li Post by: atsuko41993 on May 12, 2016 One of the best defenses we have against malaria these days comes from a fern-like weed called wormwood. Fluctuating supply and demand have pushed the plant's price from $155 per kilo one year, to over $1000 the next. There is a push to set a price ceiling for the plant. Which of the following would NOT occur if there was a price ceiling set below the equilibrium price on wormwood? A) A black market for wormwood may be created. B) The wormwood market would be allocatively efficient because its price would not fluctuate. C) There would be an increase in inefficiency in the wormwood market. D) A wormwood shortage might occur.
Title: Re: One of the best defenses we have against malaria these days comes from a fern-li Post by: psyche360 on May 12, 2016 This should help!
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