Administered Price

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August 31, 2024 3 min read Definitions
Administered Price: An Examination of Non-Market Pricing Mechanisms
Economics Government Regulations Administered Price Market-Regulation Price Controls Government Intervention Economic Policy
Administered price refers to a price set by an administrative process, often involving government or regulatory body intervention, rather than by market forces. This mechanism is used in various sectors including housing, agriculture, and labor.
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August 25, 2024 3 min read Definitions
Administered Price: Definition and Concepts
Economics Finance Administered Price Rigid Price Economics Market-Regulation Pricing Strategies
An in-depth exploration of administered prices, also known as rigid prices. Learn about their definition, types, significance, and impact on the economy.
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