Economy, asked by jaisonjaiau, 6 hours ago

why does government imposes price ceiling and price floor on certain commodities? who are the beneficiaries of both​

Answers

Answered by anchalagarwal2108
4

Answer:

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.

Explanation:

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