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Should the Government Set Prices?

Week 2| Should the Government Set Prices? No unread replies.No replies. When a basic commodity like gasoline goes through a period of sharply-rising prices, we often hear charges of “price gouging!” hurled against sellers in the community. These charges imply that the...

Which age group is growing fastest?

Other things equal, an increase in the number of buyers for a product or service will increase demand.  For example, baby diapers and retirement villages are two products designed for different population groups. Please review “Projections of the Size and...