Module Supply and Demand: Quantity Controls KRUGMAN'S MACROECONOMICS for AP* 9 Margaret Ray and David Anderson.

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Section 2 Module 9.
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Module Supply and Demand: Quantity Controls KRUGMAN'S MACROECONOMICS for AP* 9 Margaret Ray and David Anderson

What you will learn in this Module : The meaning of quantity controls, another way government intervenes in markets How quantity controls create problems and can make a market inefficient Who benefits and who loses from quantity controls, and why they are used despite their well-known problems

Quantity Control - Quota Licenses Controlling Quantities

The Anatomy of Quantity Controls

Demand Price Supply Price Wedge - Quota Rent

The Cost of Quantity Controls Deadweight Loss