What is an example of a price ceiling?

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2006-09-14 05:31:21 · 5 answers · asked by CJ H 1 in Social Science ➔ Economics

In 1974, the government used an alternative rationing system to distribute the available supply of gasoline.

2006-09-14 05:39:53 · answer #1 · answered by smilestoomuch 3 · 0⤊ 0⤋

Rent controlled apartment.

city puts a cap on the price of rent

2006-09-14 14:48:54 · answer #2 · answered by Anonymous · 0⤊ 0⤋

The current Medicare system.

2006-09-14 15:33:04 · answer #3 · answered by Zak 5 · 0⤊ 1⤋

insurance and utility rates set by gov't

2006-09-15 01:39:56 · answer #4 · answered by larry n 4 · 0⤊ 1⤋

gonernment regulations on necessary commodities n

2006-09-14 12:40:14 · answer #5 · answered by amardeep b 1 · 0⤊ 1⤋