Economy, asked by akakakak6823, 9 months ago

What is important of government to regulate the price of the products

Answers

Answered by queensp73

Answer:

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.

Explanation:

hope it helps u

Previous Question

Next Question

Similar questions

Math, 4 months ago

just say answer don't say any thing if you tell the answer I will mark you as brilliant ...

Economy, 4 months ago

Q.15.Under perfect competition, the firm earns normal profit in the long-run because of: (a) large no. of buyers and sellers (b) perfect knowledge about the market (c) freedom of entry and exit of firms (d) Homogeneous commodity ...

Hindi, 4 months ago

धन राम ने कभी भी मोहन को अपना विरोधी क्यों नहीं समझा 1.)जातिगत हीनता के कारण 2.)ब्राह्मण होने के कारण 3.)ज्ञानी होने के कारण 4.)इनमें से कोई नहीं ki...

English, 9 months ago