Your English writing platform
Discover LudwigExact(1)
Capping price growth at, say, 5% is one way of doing this," he said.
Similar(59)
It shows that price caps can moderate price spikes, but at an unacceptable cost: capping prices dampens price signals and discourages investment, so shortages result.
The link between capping prices and increasing supply is not self-evident.
Countries with excess capacity and coastal cement works (built mainly to supply home markets by boat) can dump their spare output in nearby coastal states, capping prices there.
They advocated simple policy rules, such as capping prices for monopolists and prohibiting cooperation between competitors, while permitting cooperation between firms with different positions in the value chain.
Among other things, the energy union proposes to stop governments from capping prices below cost; energy-poor consumers should instead be helped via the welfare state.
Nobody has proposed capping prices at a level that would prevent power producers from making extraordinarily high profits; why should this reduce the supply of power?
Southwest Airlines, the granddaddy of discount carriers, has hedged 80% of its fuel, capping prices at under $24 per barrel.
Mr. Belchak said 60percentt of West Haven's students received free or reduced-priced lunches, which have capped prices because they are funded by the federal government.
But one new rule would cap prices at $1,000 a megawatt-hour.
Rates paid by customers of San Diego Gas and Electric surged before the state Legislature temporarily capped prices for residents and small businesses.
Write better and faster with AI suggestions while staying true to your unique style.
Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com