Explain how getting right price affected the market, Business Economics

Assignment Help:

Explain how getting right price affected the market for promoting development.

Getting prices right implies:

• Abolishing price controls as well as subsides on fundamentals. Higher prices which deny the very poor access to essentials as like clean water and electricity.

• Privatisation which can result into potential windfall profits to wealthy domestic as well as foreign speculators

• Deregulation which weakens the rules which defend consumers and workers from exploitation and causes environmental through unchecked negative externalities damage.


Related Discussions:- Explain how getting right price affected the market

Market analysis, The Australian government administers two programs that af...

The Australian government administers two programs that affect the market for cigarettes. First, media campaigns and labelling requirements aimed at making public aware of the dan

Techniques used to improve reading, Problem 1 Different purposes of rea...

Problem 1 Different purposes of reading require different methods of reading. Describe the various ways of reading. What are the techniques that you can use to improve your rea

What is the third world, What is the Third World? Third World: De...

What is the Third World? Third World: Developing countries are sometimes termed as collectively like the Third World. Such term can cause offence within developing nation

Economic theories applied in business economics, Explain how the economic t...

Explain how the economic theories applied in business economics

Define the velocity of circulation of money, QUESTION (a) (i) Define th...

QUESTION (a) (i) Define the velocity of circulation of money. (ii) By comparing the Fischer's Quantity Theory of money and Keyne's Liquidity Preference Framework, explain cl

What is the group mean, Below is a given Frequency Distribution Table which...

Below is a given Frequency Distribution Table which needs the Student's attention. Please complete the table as necessary to find the following information: a.        What is th

Explain the law of demand and the factors affecting demand, QUESTION (a...

QUESTION (a) Explain the law of demand and the factors affecting demand. (b) Explain and illustrate how demand of a commodity will change if there is a tax on that product.

Asking process functionality to system under development, As selling is an ...

As selling is an ‘asking process’, how you could use this to assist you sell some further functionality to a system under development? When we use the buying cycle like a guide

Traditional Theory Of Profit Maximization, Do you agree with the traditiona...

Do you agree with the traditional theory that assumes profit maximization as sole objective of a business firm?

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd