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UM
Question Practice

Why do some products have an upper price limit set by the government?

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 some products have an u...

Single Answer MCQ
Q-00130596

Why do some products have an upper price limit set by the government?

1

To ensure businesses make maximum profit

2

To protect consumers from high prices

3

To eliminate competition

4

To increase the production of goods

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