Social Sciences, asked by kavyajoshi4290, 4 months ago

what is administered price mechanism

Answers

Answered by LiteCoral

2

Explanation:

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.

Answered by Aʙʜɪɪ69

2

Explanation:

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.

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