The maximum price thar can be legally charged for a good or service is called what

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23-02-2018
Business

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The maximum price thar can be legally charged for a good or service is called what

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MrsTriplet MrsTriplet · Answer 1 · 2018-03-05T02:02:11+01:00

MrsTriplet MrsTriplet

05-03-2018

The maximum price that can be legally charged for a good or service is called the price ceiling. The government sets this limit to protect consumers from businesses setting items that are needed to live everyday life unattainable due to the price.

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