Economy, asked by anushri469, 7 months ago

Why are price control imposed ?

Answers

Answered by prasheeshwankhade

Answer:

The intent behind implementing such controls can stem from the desire to maintain affordability of goods even during shortages, and to slow inflation, or, alternatively, to ensure a minimum income for providers of certain goods or to try to achieve a living wage.

Explanation:

It will help !

Answered by sanu7B

Answer:

in a free market prices carry the information that puch people towards deriving the best value Ramdevra skills. price caps stop this information. de perpetuate in balance between supply and demand, which market with otherwise short out.

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