Explain why it is important that prices are flexible in our economy? What are the implications if the government started to control prices for products, how would this influence buying?

DB POSTING REMINDERS:

Please remember the initial post should be written as early in the week as possible, and the peer responses are due by Saturday evening.
When you make your initial post, please fully answer the question and make substantive responses – i.e. at least 275 words that really dive into the topic and show that you’ve read the text and done research to support your opinions.
Apply appropriate examples that illustrate your points – feel free to bring your workplace experiences into the discussion. It helps us all learn when we can relate our past workplace experiences to what we’re learning here in the discussions.

You may not use any quoted material even if sources are cited. Please make sure all posts are written entirely in your own words.