Economy, asked by priyankamustur, 13 hours ago

Why does government impose brice celling and price floor on certain commodities. Who are the beneficiaries of both ?

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Answered by lionsgaming010

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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Why does government impose brice celling and price floor on certain commodities. Who are the beneficiaries of both ?​

Answers

please mark as Brainliests

Why does government impose brice celling and price floor on certain commodities. Who are the beneficiaries of both ?