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Economic Reform and Tasks in Further Improving Price Formation

  • Economics


Among the measures concerning the implementation of economic reform, the review of wholesale prices has been of great significance. Profit has become one of the basic indices characterizing the results of the economic activity of enterprises. These indices have made new demands on price formation and on the role of prices in the economic activities of enterprises. Under the new conditions, prices must guarantee that each normally functioning enterprise will obtain a profit, but prices must not serve as the basis for the unfounded growth in profits.

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