Alternatives to minimum price?
Re minimum price - the advantage is that it reduces the opportunities for exploitation, but the disadvantage is that it reduces the incentive to innovate and to streamline processes. Reducing cost would also lead to a greater market share.
Minimum wages and a good standard of living are what is really desire - can they be achieved without a minimum price? --Chriswaterguy 01:55, 23 July 2013 (PDT)