A price for a good or service that is set and maintained by government, usually requiring accompanying restrictions on trade if the administered price differs from the world price.
Related information about administered price:
- Administered price - Wikipedia, the free encyclopedia
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 ...
- Administered Price Definition | Investopedia
The price of a good or service as dictated by a governmental or other governing agency. Administered prices are not determined by regular market forces of ...
- administered price (economics) -- Britannica Online Encyclopedia
price determined by an individual producer or seller and not purely by market forces. Administered prices are common in industries with few competitors and ...
- What is administered price? definition and meaning
Definition of administered price: Price set by the management of a firm, and not arrived at through negotiations between a buyer and a seller. Most retail and ...
- Administered Price - Financial Dictionary - The Free Dictionary
A price dictated by any entity other than market forces. Most of the time, an administered price refers to a price set by a government, but it may also be set by a ...
- Administered price - Merriam-Webster Online
a price determined by the conscious price policy of a seller rather than by impersonal competitive market forces. This word doesn't usually appear in our free ...
- The Administered-Price Thesis - Agricultural & Applied Economics ...
THE ADMINISTERED-PRICE THESIS: LITERATURE REVIEW. AND METHODOLOGICAL DISCUSSION by. Christina M.L. KeIton*. WP iii June 1980 ...
- administered price - Business Definition
administered price definition: The price of a good or service that is established by an administrative process such as a government commission decision or ...