Question

ÔÇß To what degree can governments control prices or and services exchanged? quantities of goods

Answer 1

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Answer 2

The government has minimum control of the prices of commodities or services in a capitalistic economy. People buy products and dictate the amount they are going to sell depending on supply and demand of the commodity. The government in a bid to alter the prices raises or lowers the tax for the goods or services thus indirectly influencing the price.