The trial balance is for December 31, 2019, and the income statement is for the month ended December 31, 2019.
January 3, 2018
 Describe at least one advantage and one disadvantage of price ceilings and price floors. Do you think price ceilings and floors are more helpful or more harmful to consumers and the economy? Explain.
January 3, 2018

Propose your solution to the identified problem specifying what to do, how to implement the proposed solution and why it could help.

The task:

  1. Please provide a short summary of the story.
  2. Please identify the core elements of a management problem described in the case.
  3. Propose your solution to the identified problem specifying what to do, how to implement the proposed solution and why it could help.
  4. Try to use relevant vocabulary and concepts used during the course classes.
 

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