Shokiyan Economics, Day 9

◦What regulations, if any, has the government/ruler placed on business practices?

To name a few:

--Merchants are entitled to set whatever price they deem appropriate, provided it does not exceed 50% of the highest price listed for that item in the Index of Commerce (so if the highest price for bread is 500 pearls, they can't go any higher then 750 pearls)

--Shokiyans are entitled to shop wherever they see fit (and any merchant's guild that says otherwise would be guilty of anti trust laws)

--The more expensive the item, the higher the tax, but no more than 20% of the sale price may be taken for tax