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this policy fixes the minimum prize of any sale able product by interfering in market driven prices. this aim's at protecting the interest of customer, seller and even both.
suppose farmer's producing, sugarcane had surplus production. this will reduce the price of sugarcane. in order to compensate there loss,government will intervene, to fix minimum price of procurement of sugarcane. in this case, government protected the loss of farmers. sugar manufacturing industries can't procure sugarcane below the minimum price fixed.
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What is the minimum price of the share?
it's face value is the minimum price of the share
An example of price floor?
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Government sets the minimum selling price and prices of goods are not supposed to fall below this price. This Causes Surplus and purchasers Overpay.
What has the author John P Formby written?
John P Formby has written: 'Minimum wages and poverty' -- subject(s): Poverty, Poor, Government policy, Unemployment, Effect of wages on, Minimum wage, Wage-price policy, Employment
Is a price floor a maximum or minimum price?
Minimum price Think floor is the bottom which is the minimum. Think ceiling is the top which is the maximum.
What is the minimum price of the share?
it's face value is the minimum price of the share
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What is minimum price?
this policy fixes the minimum prize of any sale able product by interfering in market driven prices. this aim's at protecting the interest of customer, seller and even both. suppose farmer's producing, sugarcane had surplus production. this will reduce the price of sugarcane. in order to compensate there loss,government will intervene, to fix minimum price of procurement of sugarcane. in this case, government protected the loss of farmers. sugar manufacturing industries can't procure sugarcane below the minimum price fixed.
Is minimum price is market price?
yes
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There is no minimum listing price for single item listings.
A minimum price for a good or service?
price floor
What is a minimum price for a good or service?
price floor
Write a short note on minimum support price?
minimum
What is the term for the minimum price allowed by law?
Price floor
