The government decides that a specific scarce good should be provided for everyone who wants it at a price of zero and passes a law making it illegal to buy or sell the good.However,people can give the good away.This good is highly desirable for some of the population.What effect will this law have on the market?
What would happen in this market if the law were removed?

Question

The government decides that a specific scarce good should be provided for everyone who wants it at a price of zero and passes a law making it illegal to buy or sell the good.However,people can give the good away.This good is highly desirable for some of the population.What effect will this law have on the market?
 What would happen in this market if the law were removed?

Quizplus · Accepted Answer

The Answer of The government decides that a specific scarce good should be provided for everyone who wants it at a price of zero and passes a law making it illegal to buy or sell the good.However,people can give the good away.This good is highly desirable for some of the population.What effect will this law have on the market?
 What would happen in this market if the law were removed?

The Government Decides That a Specific Scarce Good Should Be