1.

Administrative price is :price ceilingprice floorboth a and bnone of these​

Answer»

Answer:

Both a and b

Explanation:

EXAMPLES of administered PRICES include price controls and rent controls. ... Price controls may SPECIFY a price ceiling (an maximum), a price FLOOR (a minimum), or both. They may apply to staple goods such as sugar and soap, or more INTANGIBLE prices such as interest rate.

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