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Administrative price is :price ceilingprice floorboth a and bnone of these |
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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. PLEASE MARK AS BRAINLIEST ANSWER |
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