Request a call back

Join NOW to get access to exclusive study material for best results

CBSE Class 12-commerce Answered

What is price ceiling?
Asked by Topperlearning User | 26 Apr, 2016, 07:26: AM
answered-by-expert Expert Answer

Price ceiling means the maximum price of a good which the sellers can charge from the buyer. Generally, the government fixes this price much below the market price of a good in order to enable the poorer sections of the society to receive the benefits.

Answered by | 26 Apr, 2016, 09:26: AM
CBSE 12-commerce - Microeconomics
Asked by Topperlearning User | 26 Apr, 2016, 07:26: AM
ANSWERED BY EXPERT ANSWERED BY EXPERT
CBSE 12-commerce - Microeconomics
Asked by Topperlearning User | 26 Apr, 2016, 07:26: AM
ANSWERED BY EXPERT ANSWERED BY EXPERT
CBSE 12-commerce - Microeconomics
Asked by Topperlearning User | 26 Apr, 2016, 07:26: AM
ANSWERED BY EXPERT ANSWERED BY EXPERT
CBSE 12-commerce - Microeconomics
Asked by Topperlearning User | 26 Apr, 2016, 07:26: AM
ANSWERED BY EXPERT ANSWERED BY EXPERT
CBSE 12-commerce - Microeconomics
Asked by Topperlearning User | 26 Apr, 2016, 07:26: AM
ANSWERED BY EXPERT ANSWERED BY EXPERT
Get Latest Study Material for Academic year 24-25 Click here
×