Examlex
Identify/define and explain the significance of the following: Baron Stein.
Price Ceiling
A government-imposed limit on how high a price can be charged for a product, service, or commodity.
Government
Government is the system or group of people governing an organized community, often a state.
Price Ceiling
A government-imposed limit on the price charged for a product, intended to prevent the price from rising to a certain level.
Maximum Price
A price ceiling set by a government or regulatory body, above which a particular good or service cannot be sold.
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