Administered Prices refer to:

CA Foundation · Business Economics · MTP · May 2026
Administered Prices refer to:
(A) A. Price determined by forces of demand and supply
(B) B. Price determined by sellers in the market
(C) C. Price determined by an external authority which is usually the government
(D) D. None of these

Suggested Answer and Working Notes:

Correct Answer: Option (C)

C. Price determined by an external authority which is usually the government

Topics: Price Determination in Different Markets

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