it is the opposite of minimum price legislation.it is the commodity sold at a price above the one stated whereby the seller can increase the price of the commodity at will without prejudice
price legislation is a system in which laws are being made in the price of things
Price lagislature
what is the advantages and disadvantages of price legistlation
Minimum price Think floor is the bottom which is the minimum. Think ceiling is the top which is the maximum.
Price Floor.
price legislation is a system in which laws are being made in the price of things
Price lagislature
A legal maximum price at which a good can be sold is a price ceiling. It is set by the government to protect consumers from high prices, but it can lead to shortages and reduce incentives for producers to supply the good.
It depends on local legislation.
It depends on local legislation.
what is the advantages and disadvantages of price legistlation
FMVSS 108 says the maximum candlepower of headlamps is 200,000
It depends on local legislation.
Minimum price Think floor is the bottom which is the minimum. Think ceiling is the top which is the maximum.
Price Floor.
I do not believe that this particular subject is regulated by legislation.
Price ceiling