- The price that the ceiling is at, the demand increases. There is also less supply, so there is more product demand than supplied. A black market is when there is an illegal system which selling legal or illegal products without government permission. For example, if there was a shortage on gas the black market could sell the gas at a lower price and have people buying from them cheaper than a free market that is charging more.
Monday, September 14, 2015
Log Entry Post 2
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