Why did the Office of Price Administration set limits on the prices that could be charged for certain goods?

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asked Jan 8, 2019 234k views

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Skyrocker · Answer 1 · 2019-01-13T20:33:54+0000

Some goods are needs, and not wants. If the company decided to overprice, then when nobody can afford, everybody suffer. That is why the Office of Price Administration set limits to prices to avoid high prices and inflations.

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Why did the Office of Price Administration set limits on the prices that could be charged for certain goods?

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