Fluctuating prices tend to confuse consumers,so prices should be government controlled whenever possible

Question

Quizplus · Accepted Answer

Fluctuating prices are a natural aspect of a market economy and are influenced by various factors such as supply and demand, production costs, and competition. Government control of prices can lead to market inefficiencies and unintended consequences such as shortages, surpluses, and reduced competition. Additionally, consumers may not always benefit from government-controlled prices as they may not reflect the true value or costs of goods and services. Overall, government control of prices is generally not recommended except in certain cases where it is necessary to protect consumers from exploitative practices.

Fluctuating Prices Tend to Confuse Consumers,so Prices Should Be Government