Home » Economics » when price of a commodity is fixed by the law either below or above the…when price of a commodity is fixed by the law either below or above the… when price of a commodity is fixed by the law either below or above the equilibrium, the mechanism is known as A. price discrimination B. price control C. perfect market D. equilibrium price E. market structure Correct Answer: Option B Explanation Related Posts which of the following is the correct way to calculate total cost? Exchange control is a weapon used in regulating MUX = PX ( where X and Y = good X and Good Y; MU… in order to boost agriculture, West African countries should pay more attention to An economic system in which the producer and the consumer are the same is referred… If high unemployment goes hand in hand with rising prices, the situation created is?
