Wwhich of the following is an example of a price ceiling or price cap?

By Megha Chandrashekar Published November 9, 2022

Which one of the following is an example of a price ceiling?

Fares charged by Airlines in India
Price printed on biscuit packets
Minimum support price for cane growers
Minimum wages fixed by state Governments

Option 2 : Price printed on biscuit packets

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Megha Chandrashekar November 9, 2022 November 9, 2022

By Megha Chandrashekar

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Megha Chandrashekar is a former Special Education Assistant who now spends her days running after her toddlers, all the while pursuing a freelance writing career

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Wwhich of the following is an example of a price ceiling or price cap?

Which one of the following is an example of a price ceiling?

Option 2 : Price printed on biscuit packets

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