Question

    Which one of the following is an example of a price

    ceiling?
    A Fares charged by Airlines in India Correct Answer Incorrect Answer
    B Price printed on biscuit packets Correct Answer Incorrect Answer
    C Minimum support price for cane growers Correct Answer Incorrect Answer
    D Minimum wages fixed by state Governments Correct Answer Incorrect Answer

    Solution

    Price printed on biscuit packets is an example of a price ceiling.

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