
AB Mirza Azizul Islam
Mehedi Hasan: It is natural for traders to increase price of goods as demand increase. They will always seek for opportunities to get their hands on more profits. Therefore, for the sake of public interest, solution needs to be sought by implementing the laws set by the government. However,
I think it is necessary to take action to control the price of goods by consulting the traders.
Eminent economist AB Mirza Azizul Islam came up with these remarks regarding the price hike of goods while
talking to Amader Orthoneeti.
According to him, the government should sit with theĀ talking to Amader Orthoneeti.
According to him, the government should sit with the businessmen for taking necessary measurements to control the market. If the law is tightened, all the products will be seen disappeared from the market.
Demand of some goods automatically increases if the economic rules are followed. But our businessmen lack ethics. According to the law of demand, if demand increases, price increases and vice versa.
During festivals, the demand of some products increases significantly. Traders keep waiting for these opportunities to come. The government needs to see whether measurements can be taken according to the consumer rights laws.