What is meant by price ceiling.
Answers
Answered by
0
Answer:
A price ceiling is a government - imposed price control, or limit, on how high price is changed for a product, commodity, or service. government use price ceiling to protect consumer from conditions that could make commodities prohibitively.
Attachments:
Similar questions
Computer Science,
6 months ago
Math,
6 months ago
Science,
1 year ago
Math,
1 year ago
Science,
1 year ago