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an example of price ceiling is rent control in New York after second world war
another example is prices of loaf "rotti" in Pakistan govt set them at very low price to facilitate the people and provide floor at lower prices to hotels to avoid shortage
What else can I help you with?
What are examples of shadow price and dual price?
I do not know, you tell me first.
What are non examples of unit price?
Non-examples of unit price include total price, which reflects the overall cost of a product without dividing it by quantity, and bulk price, which applies to larger quantities but does not indicate a per-unit cost. Additionally, discounts or promotional prices that don’t specify a unit price for individual items are also non-examples. Lastly, fixed prices for services, such as a flat fee for a consultation, do not represent a unit price either.
What are the examples of perfectly inelastic demand?
as quantity is totally unresponsive of price, consumer has no alternative in perfectly inelastic demand, he will pay any price for it. examples are air, water, electricity etc.
What are some examples of well-renowned price guides for antiques and collectibles?
Some examples of well-renowned price guides for antiques and collectibles include Kovels, Carters, Miller's Antiques and Collectibles and Alan Carter Price Guides. These can be found online.
What are two examples of direct control in ww1?
The two examples of direct control in ww1 included price controls and rent controls.
What are some examples of integers we use in everyday life?
The price of something,The Weight, the size of things etc.And this can be some of the examples:[(-6)+(7)](4)(-6)these are examples of decimals
Whats the example of price risk?
exchange rate, interest rate, oil price, and inflation risk are all examples of financial risks.
What are examples of five products whose demand is price elastic and five products whose demand is price inelastic?
narcotics, food, gas
Where can one find enormous price drops?
Many retailers and stores advertise huge price drops on their merchandise. Walmart is one of the leading examples of retailers that offer enormous price drops.
What are the examples of intrinsic and extrinsic value?
There are many examples of intrinsic values which include morals, honesty, kindness, humility and so on. Extrinsic value examples include monetary value of a house, price of a car and so on.
What are two examples of continuously selling above the market price?
A monopoly can raise the market price by limiting output. A country can ensure that domestic products are sold at a price higher than the international market price by enacting tariffs or declaring an embargo.
What Distinction between price elastic and price inelastic?
Elasticity is "a measure of responsiveness that tells us how a dependent variable such as a quantity responds to a change in an independent variable such as price." Basically, that means that elastic product's demand is affected by price and an inelastic product's demand is unaffected by price.For example: if a product is elastic, the price goes up and demand goes down, or the price goes down and demand goes up. Examples are electronics, candy and junk food, and even cars.If a product is inelastic, the demand will stay the same no matter the price. Examples are medical supplies.
