Ask Question
BiologyBiology
21 January, 15:08

A legal maximum on the price at which a good can be sold is called a price

+4
Answers (1)
  1. 21 January, 15:31
    0
    Ceiling

    Explanation:

    A situation in which the price charged for some marketed objects becomes more or less than the equilibrium price that is determined by market forces of demand and supply, is called Price Ceiling. Government often uses price ceiling to control the maximum selling price of commodities. By doing this, the commodities are made affordable for the public in country. In house rent market, price ceiling is of great importance.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “A legal maximum on the price at which a good can be sold is called a price ...” in 📗 Biology if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
What can't you bring across border to canada?
Answers (1)
Which of the following would not be a basis for misrepresentation? a. These shrubs will survive in direct sunlight. b. This lawnmower has a safety turn-off switch. c. This soft water system will add five years to the life of your washing machine. d.
Answers (1)
What symptom of schizophrenia is illustrated by the following example? So bees with knees have fleas and fleas jump, I jump like a jack, Jack the Giant Killer.
Answers (1)
Which best describes the relationship between evolution and natural selection? O Natural selection leads to evolution. O Evolution leads to natural selection. O Natural selection is the same as evolution.
Answers (1)
1. What lifestyle factors or choices do you think lead to an increase in blood viscosity?
Answers (1)
New Questions in Biology
A small fish eats plant material. Later that day, a heron dives into the water and eats the small fish. Which type of organism does the small fish represent in this scenario? parasite predator prey producer
Answers (2)
True or false. The highlighted bone articulates with the ulna. True or false. The highlighted bone articulates with the ulna. FALSE TRUE
Answers (2)
The savannah (a) is a hybrid domestic cat breed. it is the result of selectively breeding domestic cats with african servals (be) in order to produce the signature color markings and large size.
Answers (1)
Which statement about solar eclipses is false? Select one: a. They occur during the full moon phase. b. They last only a few minutes. c. They may be partial or total eclipses. d. They are rare
Answers (2)
Is there more lymphoid tissue in adults than in children?
Answers (1)
Home » Biology » A legal maximum on the price at which a good can be sold is called a price
Sign Up Forgot Password?