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One of the reason of government involvement in business activities is to regulate demand and supply of commodities. Explain five ways through which the government may cause a decrease in the supply of a commodity
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Aug 24, 2021
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Business Studies Form 2
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anonymous
One of the reason of government involvement in business activities is to regulate demand and supply of commodities. Explain five ways through which the government may cause a decrease in the supply of a commodity
government involvement in business activities
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Aug 24, 2021
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anonymous
High taxation
Price control
Quotas/ quantity restriction
Withdrawal of subsidies
Withdraw/ cancelling of licenses
Mobility of factors of production
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