explain the role of government in controlling the price
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the government announces an annual budget according to which all goods are sold. it consists of the price and the tax for the same. in this way government can control price / rate / tax on an object to be sold.
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hello buddy
Government Control Over Price and Distribution. Government has significant role in regulating price and distribution to maintain smooth economy in nation. ... In order to shield the interest of customers, the government has to set the price of the products which is usually lower than the equilibrium price.
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