Price Ceiling

Q.

What are the advantages of price ceiling?

Q.

What are the effects of price ceiling?

Q.

Which of the following criteria provides a measure of market attractiveness in the Boston Consulting Group approach?

1. Market sentiment

2. Market growth rate

3. Brand image

4. Relative market share

5. Return on marketing investment

Q.

Is minimum wage a price ceiling?

Q.

Are the following workers — a beggar, a thief, a smuggler, a gambler? Why?

Q.

The consumer price index in India is continuously rising over the year 2012 and 2013. Which value is compromised with the rising wholesale price index?

Q.

Compared to the 1970s, there has hardly been any change in the distribution of workforce across various industries. Comment.

Q. When supply decreases while demand remains unchanged, then equilibrium price will ________.

1. fall
2. remain unchanged
3. rise
4. be zero

Q.

What products have price ceilings?

Q.

Why do governments use price ceilings?

Q. Fill in the blank with the appropriate option:
________ you support me, we will not be able to win the vote.

1. Should
2. Unless
3. Provided that
4. With

Q.

differnce between monetary national income and real national income

Q. Complete the paragraph by properly re-arranging the given sentences (P, Q, R), without disturbing the first and the last sentence.
S1 The problem of rising prices must be tackled by our government.
S2
S3
S4
S5 Besides, public protest against the price rise should be organized by social organizations and fair-minded people.
P - The hoarders, black marketers and profiteers should be brought to book.
Q - Fair prices hops should be opened in large numbers and public distribution system of essential commodities should be geared up.
R - A very strong and strict action needs to be taken against such enemies of the society who reap undue profits at the society who reap undue profits at the cost of consumers.

1. RPQ
2. PRQ
3. PQR
4. QRP