The "invisible hand" refers to how central planners made economic decisions. O how the decisions of households and firms lead to desirable market outcomes. the control that large firms have over the economy. O government regulations without which the economy would be less efficient.

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A: Thank you for the feed back.

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A:

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A: Step 1: First convert mg into grams. We know that 1 mg = 0.001 grams So, 200 mg =200(0.001) =0.2…

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A:

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Price Ceilings and Price Floors

Price Ceilings and Price Floors strategy is used by the Government to control the prices of certain goods and services in the market. This method helps the Government to protect the interests of both buyers and suppliers in difficult economic times.