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Should companies be allowed to force stores to obey minimum prices? Yes or no? Explain the reason why you chose yes or no?

Respuesta :

Yes, stores should be forced to obey minimum prices for a good or a company that is selling a service should as well. They should have to obey by this so that price competition isn't ongoing in the market. Larger producers can often charge a smaller amount for a product because they are producing them in high qualities. By charging less it gives them a competitive advantage over their competition in means of price. Unless the item is on clearance because a company is discontinuing stock of that item, they should have a set minimum as they do a set maximum they are allowed to charge for that item. 
ayokenny2001

Yes, companies  should be allowed to force stores to obey minimum prices.

What is minimum price?

Minimum price are price sets on product below, which such product must not be sold. Minimum prices are often imposed on demerit goods.

Larger producers often charge a smaller amount for a product because they are producing them in high quantities. However, stores charging less gives them a competitive advantage over their competition in terms of price.

Hence, companies should be allowed to force stores to obey minimum prices.

Learn more about minimum prices here : https://brainly.com/question/26377848

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