31-10-2019
Social Studies

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Wich term is defined as the maximum legal price for a good or service

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shivelygabriel6 shivelygabriel6

31-10-2019

Answer:

The term that is defined as the maximum legal price for a good or service is price ceiling. Price ceiling is a situation when the price charged is more than or less than the equilibrium price determined by market forces of demand and supply

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