If a price ceiling or price floor existed where one lives,would he or she be willing to purchase products on the black market? What would he or she identify as a consequence to engaging in transactions on the black market over the short run and the long run?

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The Answer of If a price ceiling or price floor existed where one lives,would he or she be willing to purchase products on the black market? What would he or she identify as a consequence to engaging in transactions on the black market over the short run and the long run?

If a Price Ceiling or Price Floor Existed Where One