What is Air Jordan's price comparison? A paragraph.
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In a one page paper, answer the following questions:
1. Identify one example of a price control that is used in the United States or in another country. (1 paragraph)
2. If the price control were not in place, what would happen to the price of the impacted product? Why? (1 paragraph)
3. Does the price control benefit or harm producers and/or consumers? Why? (1 paragraph)
Why do merchants often have sales (and cut their prices) on air conditioning in spring and early summer when demand is highest? Please give me a paragraph response of at least 5 sentences. Please think in terms of macroeconomics.