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- Administered_price abstract "An administered price is in general a price which is either set (fixed) by legal statute or by a standard procedure formulated as an official policy, instead of being determined directly by supply costs and market demand. Even if supply and demand conditions change, the administered price may therefore stay the same, or it may change in the opposite direction - if e.g. demand falls, the administered price is kept the same or raised, to subsidize the supplier and protect his income, or alternatively the price is kept constant to protect the consumer/purchaser. The use of administered prices in market economies is often part of an economic policy of price controls, but in a planned economy or command economy the majority of prices are usually administered prices.".
- Administered_price wikiPageID "23588864".
- Administered_price wikiPageRevisionID "563086475".
- Administered_price article "Report for Congress: Agriculture: A Glossary of Terms, Programs, and Laws, 2005 Edition".
- Administered_price author "Jasper Womach".
- Administered_price hasPhotoCollection Administered_price.
- Administered_price url "http://ncseonline.org/nle/crsreports/05jun/97-905.pdf".
- Administered_price subject Category:Agriculture_in_the_United_States.
- Administered_price subject Category:Price_controls.
- Administered_price comment "An administered price is in general a price which is either set (fixed) by legal statute or by a standard procedure formulated as an official policy, instead of being determined directly by supply costs and market demand. Even if supply and demand conditions change, the administered price may therefore stay the same, or it may change in the opposite direction - if e.g.".
- Administered_price label "Administered price".
- Administered_price sameAs m.06zk4xz.
- Administered_price sameAs Q4683401.
- Administered_price sameAs Q4683401.
- Administered_price wasDerivedFrom Administered_price?oldid=563086475.
- Administered_price isPrimaryTopicOf Administered_price.