pdf, 557.45 KB
pdf, 557.45 KB

The second in a series of study resources on Microeconomics that looks at how governments can intervene in the free market in order to change free market outcomes, mostly for the better (e.g. maximizing social welfare).

This study resource takes a look at buffer stocks, and how they are implemented by governments in order to guard against any unplanned shortages, as well as stabilize prices in an entire economy or an individual market.

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