ADMINISTERED PRICE
(noun)Definitions
There is 1 meaning of the phrase
Administered Price.
Administered Price - as a noun
A price dictated by any entity other than market forces.
Example Sentences
"The government has set an administered price on gasoline to control inflation."
"The company has imposed an administered price on its products to maintain market stability."
"The administered price of electricity has been increased to cover production costs."
"The administration introduced administered prices for pharmaceuticals to ensure affordable healthcare."
"The airline industry is subject to administered prices for certain routes to prevent monopoly."
