The vegetable suppliers in a city believe from their study of the supply market that the price of po...........

Decision making and Interpersonal Skills Decision making

The vegetable suppliers in a city believe from their study of the supply market that the price of potatoes will soon increase manifold. How should the mayor address this potential problem?

The mayor should order the city administration to purchase and store sufficient quantity of potatoes in advance to control prices

The mayor should establish network of shops controlled by government for the sale of potatoes at a fair price during the crisis

Both a and b

The mayor should fix the price at a certain point within the city irrespective of the real market scenario, even though the suppliers may face ruin because of that

Explanation:

The most appropriate decision to overcome the problem

The mayor should order the city administration to purchase and store sufficient quantity of potatoes in advance to control prices
The mayor should establish network of shops controlled by government for the sale of potatoes at a fair price during the crisis