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    Question

    Which price is fixed by the government to protect the

    consumer from unwarranted price?
    A Issue price Correct Answer Incorrect Answer
    B Levy price Correct Answer Incorrect Answer
    C MSP Correct Answer Incorrect Answer
    D Ceiling price Correct Answer Incorrect Answer
    E Floor price Correct Answer Incorrect Answer

    Solution

    Explanation: A ceiling price is the maximum price set by the government to prevent exploitation of consumers due to excessively high prices.

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