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Vedmedyk [2.9K]
3 years ago
11

---------- control sets the price below the market equilibrium in order to make products more affordable.​

Business
1 answer:
Marizza181 [45]3 years ago
7 0

Answer:

Price ceiling

Explanation:

PRICE CEILING control sets the price below the market equilibrium to make products more affordable.​

Price Ceiling is a form of Price control that is used to limit the price of a commodity. This is a method often used to protect consumers from buying expensive products. It makes commodities more affordable as there is a limit to how high the price of commodities can be. The opposite is Price Floor.

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