Legally established maximum price of a good or service is called _____?
PPSC 5 Years Past Papers Subject Wise (Solved with Details) / All — Multiple-choice practice
کسی مال یا خدمت کی قانونی طور پر مقرر کردہ زیادہ سے زیادہ قیمت کو کیا کہتے ہیں؟
- A. Retail price
- B. Ceiling price
- C. None of these
- D. Max price
Correct answer
Ceiling price
Explanation
Explanation Governments sometimes set a legal maximum price to protect consumers from overpricing. This legally fixed maximum price is called the ceiling price . It ensures essential goods and services remain affordable. Last verified on 01-02-2026
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