sjdalbong4717 sjdalbong4717
  • 01-04-2020
  • Biology
contestada

A legal maximum on the price at which a good can be sold is called a price

Respuesta :

kamlesh678 kamlesh678
  • 04-04-2020

Answer:

Ceiling

Explanation:

A situation in which the price charged for some marketed objects becomes more or less than the equilibrium price that is determined by market forces of demand and supply, is called Price Ceiling. Government often uses price ceiling to control the maximum selling price of commodities. By doing this, the commodities are made affordable for the public in country. In house rent market, price ceiling is of great importance.

Answer Link

Otras preguntas

Is the set (3,1),(6,4),(9,7),(12,10) a function? Explain how you know
What are the solutions of x2 - 2x + 10 = 0 ?
Complete the statement with always, sometimes, or never. The terms of a polynomial are ________ monomials.
Please help me, its 3:06am in the morning & i have class in 3 hours :(
How to find distance from motion graph velocity - time?
What is the vertex and p-value of this parabola?
list the name of the member countries of SAARC​
which is not involved with an inflammatory Response A. Fever - increased temperature B. Slowed blood flow C. White blood cells move to the area of infected D.
Which type of solid is dry ice (solid carbon dioxide)? ionic atomic molecular none of the above.
2. Our flight takes off from midway airport in chicago. Capitalize any proper nouns