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Is it right for the government to impose price controls? why?

2 Answers

9 votes
No. ...................................
answered
User Aleks Ya
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8.7k points
10 votes

Answer:

no because price controls are government-mandated minimum or maximum prices set for specific goods and are typically put in place to manage the affordability of the goods. ... Over the long term, price controls can lead to problems such as shortages, rationing, inferior product quality, and black markets.

answered
User Expdiant
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