The set price limit from which no more demand is accepted is classified as Options: A . &nbspcost ceiling B . &nbspcost floor C . &nbspprice ceiling D . &nbspprice floor

The set price limit from which no more demand is accepted is classified as

Question

The set price limit from which no more demand is accepted is classified as

Options:

A . cost ceiling

B . cost floor

C . price ceiling

D . price floor

Answer: Option C
Answer: (c).price ceiling

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