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by Spooky23 2604 days ago
Show me an example of a price ceiling that doesn’t raise prices.
1 comments

Interesting complaint. The common downside of price ceilings is that they prevent raising prices, leading to shortages.

Regardless, I am not proposing a price ceiling, I am proposing determining the price prior to rendering services.

They do that too, but given a ceiling of $1, the vendors who sold the widget for $0.95 will raise the price.