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The verses from Proverbs for this week discuss true and false measures and weights. In those days payment was often made by weight of silver or gold or some other valuable object and of course false weights created false payments. How are price control like false payments? Or are they?

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EYS***772 2019-09-10 05:47:42
Great solution. Loved it.

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Price control is a serious problem for both the manufacturer as well as the end user as it results in a huge loss of welfare due to low sales of the product. Price control is similar to false payment in a way that both result in the losses. Moreover, the price of silver and gold used to vary in earlier times which led to variable profits

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