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More competition would lower the price and bring in more supply. Price control can only lead to more problems such as shortage and lack of
More competition would lower the price and bring in more supply. Price control can only lead to more problems such as shortage and lack of invention. A better solution would be a quantity control. So that consumers do not buy more than what they need. The best solution is to restore free-market to our economy which is not easy since those big companies would not allow it to happen. . we have seen many stores set a limit to how many pack of toilet papers one customer could buy. Do you think it was a good decision so that more people would have access to the product? Or there could be a better solution
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