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What is maximum price ceiling

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What is maximum price ceiling
  • 2 answers

Yashashshri Sharma 7 years, 9 months ago

Maximum price fixed by the government that a producer can charge from buyers for the sale of the commodity .it is below the equilibrium price and lead to situation of excess supply

Rupesh Pandey 7 years, 9 months ago

Maximum price at which any product can be sold
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