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(Solved): The EU has the option of a maximum price for the purchase of gas. This requires none of the countri ...



The EU has the option of a maximum price for the purchase of gas. This requires none of the countries to pay more than this maximum price when buying gas. Assume that we can consider the gas market as a common brand, without capacity constraints in transmission, and with perfect competition. Explain how the price is normally determined in such a brand, and what the effect of a maximum price will be.

 

 



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Intro,EU organizations with third nations to mutually buy endlessly gas will further develop versatility and produce down costs. Expla,The EU normal worth a weighted typical abuse the preeminent late data for gas utilization by non-family customers w
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