Price support
id:
price-support-202-5239897
title:
Price support
text:
In economics, a price support may be either a subsidy, a production quota, or a price floor, each with the intended effect of keeping the market price of a good higher than the competitive equilibrium level. In the case of a price control, a price support is the minimum legal price a seller may charge, typically placed above equilibrium. It is the support of certain price levels at or above market values by the government. A price support scheme can also be an agreement set in order by the gover
brand slug:
wiki
category slug:
encyclopedia
description:
original url:
https://en.wikipedia.org/wiki/Price_support
date created:
date modified:
2023-09-06T03:04:45Z
main entity:
{"identifier":"Q1670749","url":"https://www.wikidata.org/entity/Q1670749"}
image:
fields total:
13
integrity:
13