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6 September, 08:38

A price set below the current market price is a characteristic of a a) price floor. b) regular price. eliminate c) price ceiling. d) equilibrium price.

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  1. 6 September, 10:51
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    I think the correct answer from the choices listed above is option C. A price set below the current market price is a characteristic of a price ceiling. It is a government-imposed price control or limit on how high a price is charged for a product. Hope this answers the question.
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