A price support is a type of
Price cealing: rent control Price floor: minimun wage
an example of a price floor is the minimum wage
Shadow price: black market price for a good. Example: price of cigarettes from Native reserves in southern Ontario.
Government of Pakistan always set a minimum price level of wheat to support the farmers from disheartening. Means that if the farmer is getting less price for its wheat crop in the open market. He may sell his wheat to government of Pakistan at a high price which set by the government.
what is an example for prices of related goodfs
Price support
Minimum support price is the price at which the govt announces to purchase the produce before the harvest. Procurement price is the price at which the govt buys the produre for PDS and for maintaining the buffer stock. Generally Minimum support price is less than procurement price..
Price cealing: rent control Price floor: minimun wage
an example of a price floor is the minimum wage
Shadow price: black market price for a good. Example: price of cigarettes from Native reserves in southern Ontario.
Government of Pakistan always set a minimum price level of wheat to support the farmers from disheartening. Means that if the farmer is getting less price for its wheat crop in the open market. He may sell his wheat to government of Pakistan at a high price which set by the government.
CACP recommend minimum support price in 2010 for Pharmaceutical products.
Support and resistance levels are key concepts in **technical analysis** and are used to identify potential price points where a stock or asset might **reverse direction** or **pause**. Here's why they matter: **1. Support Level (Price Floor)** A support level is a price point where **buying pressure** tends to be strong enough to prevent the price from falling further. It represents a level where demand outweighs supply, often leading to a price rebound. If the price **breaks below** support, it could signal further declines, as sellers gain control. Example: If a stock repeatedly bounces back up from **$50**, that price becomes a support level. **2. Resistance Level (Price Ceiling)** A resistance level is a price point where **selling pressure** prevents the price from rising higher. It acts as a psychological barrier where supply exceeds demand, causing price pullbacks. If the price **breaks above** resistance, it may indicate a new upward trend. Example: If a stock struggles to rise above **$100** multiple times, that price becomes a resistance level. **3. Significance of Support & Resistance** **Trend Identification:** Helps traders determine if an asset is in an uptrend, downtrend, or trading range. **Trade Entry & Exit Points:** Investors use support to identify buying opportunities and resistance to take profits or enter short positions. **Breakouts & Breakdowns:** When price **breaks** through support or resistance, it can signal a strong move in that direction. **Role Reversal:** Once broken, a **support level can become resistance** and vice versa (known as "flip levels"). **4. How to Identify Support & Resistance** **Historical Price Levels:** Previous highs/lows often act as strong levels. **Moving Averages (e.g., 50-day, 200-day MA):** Frequently act as dynamic support/resistance. **Trendlines:** Sloped lines connecting multiple price points show areas of supply/demand. **Fibonacci Retracement Levels:** Common retracement levels (23.6%, 38.2%, 61.8%) can act as key support/resistance zones. Would you like a real-world example or a chart-based explanation? 🚀
what is an example for prices of related goodfs
She doesn't support a team in the priemership but she supports England.
The only way for the United States to support the price of the dollar is to buy up excess dollars with foreign reserves--in our case, with Japanese yen.
The minimum wage is an excellent example of a price floor