what is the role of government in regulating prices?
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Answered by
26
Here is ur 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.
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saisha1026:
where are you from?
I think I know you.
kerala....nd u.?
Maharashtra
okayyy
nice to.meet you
nice to meet you
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=kartikeya Raghuvanshi
Answered by
4
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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