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Impact of Rent Ceilings and Coffee Tax Analysis by Martha Anton is a document available to read on EtoBox.
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The document analyzes the effects of government interventions in housing and coffee markets through imposing rent ceilings and taxes. 1) A proposed $700 rent ceiling in Crainsboro would result in a shortage of housing as demand exceeds supply. With the ceiling, rent would be capped at $700 but the market clearing price would be higher, creating a black market. 2) A proposed 75 cent per pound coffee tax in Roastville would raise consumer prices and lower producer prices, reducing quantity consumed and pr
- Author
- Martha Anton
- Language
- EN