If the price fixed by the market forces are not satisfactory, the government may control the price by increasing or decreasing the price determined by the market. What do you think the objectives of this kind of a price control by government? Discuss any five objectives in detail. [Answer in 150 – 200 words]
If the price fixed by the market forces are not satisfactory, the government may control the price by increasing or decreasing the price determined by the market. What do you think the objectives of this kind of a price control by government? Discuss any five objectives in detail. [Answer in 150 – 200 words]
Principles Of Marketing
17th Edition
ISBN:9780134492513
Author:Kotler, Philip, Armstrong, Gary (gary M.)
Publisher:Kotler, Philip, Armstrong, Gary (gary M.)
Chapter1: Marketing: Creating Customer Value And Engagement
Section: Chapter Questions
Problem 1.1DQ
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If the price fixed by the market forces are not satisfactory, the government may control the price by increasing or decreasing the price determined by the market. What do you think the objectives of this kind of a price control by government? Discuss any five objectives in detail. [Answer in 150 – 200 words]
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