Economy, asked by pokyirkayi, 4 months ago

concept of price ceiling

Answers

Answered by Anonymous

Answer:

Price ceiling is a situation when the price charged is more than or less than the equilibrium price determined by market forces of demand and supply. It has been found that higher price ceilings are ineffective.

Answered by shivanishau31

Answer:

Definition: Price ceiling is a situation when the price charged is more than or less than the equilibrium price determined by market forces of demand and supply. It has been found that higher price ceilings are ineffective.

Previous Question

Next Question

Similar questions

Hindi, 2 months ago

तिरके बोलणे वाक्यात उपयोग ...

English, 2 months ago

(A) You are Abhishek/Jagriti Singhal, studying in Bal Vikas Vidyalaya, Ahmedabad. The road leading to your residential society is very congested and full of potholes. It has become difficult for the parents to allow their kids to go out alone for errand. In spite of several representations, the government has not done anything to improve the condition of the road. Write a letter to the editor of...

Math, 2 months ago

50 -yre ²+3 at x = 0 fend the value of polynomial x=-1...

Math, 4 months ago

Evaluate (a+b)²-(a - b)²...

Math, 4 months ago