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price leilig and price flowing

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price leilig and price flowing

    • Posted by Amit Raj 6 years, 11 months ago

    CBSE > Class 12 > Economics
    • 1 answers

    J K 6 years, 11 months ago

    Price ceiling - it is the maximum price fixed by the government that a seller can charge to the consumer. It is always set below the equilibrium price. Price flooring- it is the minimum price that a seller purchase from the farmer for their agriculturere produce.

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