For some (usually very large) businesses, there are often complaints about their pricing regardless of whether they are pricing relatively low, high, or just competitively. This can lead to calls for government intervention, nicely summed up by the following cartoon.

image

Source: www.anarchyinyourhead.com

Have you seen the tutor2u YouTube channel? Subscribe now and never miss a revision video!

Wake up with today’s latest teaching resources & student support

Subscribe to our daily digest and get today’s content delivered fresh to your inbox every morning.

Or follow us
Close

Explore tutor2u

Close

Economics