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UM
Question Practice

Why do governments set maximum prices for certain goods?

Attempt the question, check the explanation, and continue with similar questions to build confidence before exams.

MCQ_SA
CBSE
Class 7
Social Science
Exploring Society India and Be...
Understanding Markets
Question Bank

Why do governments set maximum...

Single Answer MCQ
Q-00130504

Why do governments set maximum prices for certain goods?

1

To encourage overproduction

2

To prevent sellers from charging excessively

3

To increase demand

4

To enhance product quality

Previous QuestionNext Question
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