Economy, asked by charuverma083, 5 months ago

price fixed by government is known as​

Answers

Answered by tanvisheth
2

Answer:

Price controls are government-mandated legal minimum or maximum prices set for specified goods. They are usually implemented as a means of direct economic intervention to manage the affordability of certain goods.

hope it helped :)

Answered by keerthinarayanan74
1

Answer:

control price or (price selling)

producers cannot sell their products above this price

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