wing..wing

the new topic about market equilibrium...

when demand equal to supply..

how government protect the consumer and the seller...

with the price ceiling consumer will buy the goods because the price is lower then the maximum price..

with the price floor the seller can sell their product at minimum price..so they can improved income especially for farmers...

when government give subsidy the price become lower..so quantity of good increasing..it is because   reduce the cost of production..

when the government  impose the tax so the         price become higher..the quantity is reducing...