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Price control can be defined as the fixing by Government of maximum or minimum price...

Economics
WAEC 1988
Price control can be defined as the fixing by Government of maximum or minimum price of
  • A. Luxury goods
  • B. Inferior goods
  • C. Imported capital goods
  • D. Certain selected goods
  • E. Goods consumed by low income earners
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Correct Answer: Option D
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