[Steps Shown] The demand for airline tickets is much higher during the period between 10 am and 4 pm, resulting in much higher prices during this period than
Question: The demand for airline tickets is much higher during the period between 10 am and 4 pm, resulting in much higher prices during this period than at other times of the day. As many people cannot afford these higher prices, the government is considering passing a regulation which would prohibit these higher prices. Is such a policy efficient?
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