Why do business enterprises require administered prices, Microeconomics

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Why do business enterprises require administered prices

Problem

Why do business enterprises require administered (stable) prices as opposed to highly flexible prices? How do business enterprises stabilize prices? What would happen to the enterprise if prices are highly flexible day by day?

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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Microeconomics: Why do business enterprises require administered prices

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Microeconomics: Why do business enterprises require administered prices

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