What is Ceiling Price?
Register

What is Ceiling Price?

What is Ceiling Price?
in Economics
152 views
3 Votes
3 Votes
What is Ceiling Price? Or, What is meant by Ceiling Price? Define Ceiling Price?
in Economics
by

1 Answer

3 Votes
3 Votes
 
Best Answer

Ceiling Price refers to the maximum price of a product, as fixed by the Government. Often, the ceiling price is fixed lower than the equilibrium price. 

Government fixes this price to ensure the availability of essential commodities to the weaker section of the Society.

by

Related Questions

3 Votes
3 Votes
1 Answer 24 Views
Vikas Asked in Economics
24 views
What is Net Domestic Product at Market Price?
Vikas Asked in Economics
by Vikas
3 Votes
3 Votes
1 Answer 19 Views
Vikas Asked in Economics
19 views
What is Gross Domestic Product at Market Price?
Vikas Asked in Economics
by Vikas
3 Votes
3 Votes
1 Answer 24 Views
Vikas Asked in Economics
24 views
What is General Price Level?
Vikas Asked in Economics
by Vikas
3 Votes
3 Votes
1 Answer 20 Views
Vikas Asked in Economics
20 views
Why Equilibrium Price is established only when D = S?
Vikas Asked in Economics
by Vikas
3 Votes
3 Votes
1 Answer 31 Views
Vikas Asked in Economics
31 views
Why Price Level Rise Only After Employment?
Vikas Asked in Economics
by Vikas
Ask Your Question

Welcome To Informesia

Informesia Helps You To Prepare India's All States Board Exams (CBSE, ICSE, UP Board, BSEB, HPBOSE, RBSE, MSBSHSE) and Competitive Exam Like JEE (Main + Advanced), AIIMS, NEET, KVPY, NTSE, BITSAT, Olympiad, CLAT...etc.
For Any Query or Suggestion, Please Contact us on :
[email protected]

Connect us on Social Media

2.7k Questions

2.4k Answers

0 Comments

12 Users

Categories

Most popular tags
©2022 - All Rights Reserved by Informesia
Link Copied!