Question

define price ceiling with diagram
​

Answer 1

|I{•------» (◐‿◑)«------•}I|

♧$\large\fbox{\color{red}{Question}}$♧

✏define price ceiling with diagram✍

✎﹏﹏﹏﹏﹏●‿●﹏﹏﹏﹏﹏✍

$\large\fbox{\color{purple}{Solution}}$

✏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.

Description: Government imposes a price ceiling to control the maximum prices that can be charged by suppliers for the commodity.

✎﹏﹏﹏﹏﹏✊${\huge{\orange{\ddot{\smile}}}}$✊ ﹏﹏﹏﹏﹏✍

${\huge{\orange{\ddot{\smile}}}}$✊⚘⸙$\textbf{\large{\red{Be\:BrAinLY}} }$✍☘⚘${\huge{\orange{\ddot{\smile}}}}$

✎﹏﹏﹏﹏﹏●‿●﹏﹏﹏﹏﹏✍

Answer 2

Explanation:

Here is your answer with diagram .

sources : google