Budgets help entrepreneurs to decide prices. Give reason. – InterviewSolution

InterviewSolution

1.	Budgets help entrepreneurs to decide prices. Give reason.
Answer» Through the budget people come to know which sectors is the government favouring and how much resource is it allocating to those sectors. People also come to know the change in the tax structure that will be done in the commodities and the sectors. All this information helps entrepreneurs to understand which commodities will become costlier and which will become cheaper. Based on this they then set their market prices.

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