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The maximum price thar can be legally charged for a good or service is called what

The maximum price thar can be legally charged for a good or service is called what
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The maximum price thar can be legally charged for a good or service is called what

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User Shia
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The maximum price that can be legally charged for a good or service is called the price ceiling. The government sets this limit to protect consumers from businesses setting items that are needed to live everyday life unattainable due to the price. 
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User Shinov T
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