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jarptica [38.1K]
3 years ago
6

What do price controls give us?

Business
1 answer:
Naddika [18.5K]3 years ago
3 0

Answer:

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.

Explanation:

hope you get it right! ✋

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You have older parents who have been saving for retirement for decades. They are now getting close to retirement age and are loo
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Based on my knowledge of inflation and its redistribution of purchasing power, I would advise my older parents to embark on Plan B by <u>purchasing a business</u>.

<h3>How does inflation redistribute purchasing power?</h3>

Inflation redistributes purchasing power by giving less value to lenders and savers than to borrowers and investors.

The purchasing power of a fixed money plan decreases.  On the other hand, the purchasing power from variable investment changes with inflation.

A business would also increase its value over time more than a fixed investment.

Thus, based on my knowledge of inflation and its redistribution of purchasing power, I would advise my older parents to embark on Plan B by <u>purchasing a business</u>.

Learn more about inflation and purchasing power at brainly.com/question/16467725

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6 0
2 years ago
What is a press release?
stealth61 [152]
<span>an official statement issued to newspapers giving information on a particular matter.
</span>
7 0
4 years ago
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Which of the following is true? a. To reduce cannibalization among products, reposition a product so that it does not directly c
Mumz [18]

Answer:

The correct statement is a. To reduce cannibalization among products, reposition a product so that it does not directly compete with the other

Explanation:

product canibalization is a tactic that is used by producers to take off a product with a saturated market or a product that is under-performing than its expectation. what they do is introducing a new product with same or improved characteristics to capture the market share and reduce the sales of the existing product.

However, at times, this could be a problem if the company wants to introduce two or more products of the same nature and expect all to function well without canibalizing each other.

then, the option a. is the most suitable strategy to implement.

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When adults in a work setting take responsibility for teaching and advising students it is called question 1 options: mentoring.
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<span>When adults in a work setting being teaching and advising students, this is called mentoring. A mentorship is a relationship between an experienced and knowledgeable person who is teaching, advising, and guiding a less experienced or knowledgeable person.</span>
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