Sociology, asked by perigeepori1264, 6 months ago

short note on

administerd prices in india
​

Answers

Answered by Anonymous
1

Answer:

An administered price is the price of a good or service as dictated by a government or centralized authority, as opposed to market forces of supply and demand. ... In market economies, certain administered prices can exist in the form of price ceilings or rent controls.

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