A legal maximum price that may be charged for a good is a price:

Question

Accepted Answer

C. Ceiling

1. The rule stops the price rising past a set level.
2. It is used to keep necessities affordable.
3. That rule is a price ceiling.
_Source: OpenStax Principles of Microeconomics 3e, Chapter 3, Demand and Supply._

Answer

Coupling

Answer

Clearing

Answer

Cutting

A legal maximum price that may be charged for a good is a price:

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