Economy, asked by yusrakhan3104, 2 months ago

out of price floor and price ceiling which concept is used by the government to control the price of essential commodity​

Answers

Answered by vedikamantur
1

Answer:

Price floors and price ceilings are government-imposed minimums and maximums on the price of certain goods or services. It is usually done to protect buyers and suppliers or manage scarce resources during difficult economic times.

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