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the highest amount a landlord can charge for rent is an example of an incentive. a price floor. a price ceiling. an elastic service.

Answer :

Greenleafable

The correct answer is a price ceiling.


Ceiling is the highest point of your home, above which there is nothing but the roof. It is similar in finances - if there is a price ceiling, it means that it is the highest price you can offer to pay, or someone can ask you to pay. The opposite would be a price floor - the lowest amount of money.

jayilych4real

The highest amount a landlord can charge for rent is an example of a price ceiling.

What is a Price Ceiling?

This refers to the highest amount for which a product can be sold for or charged for.

WIth this in mind, we can infer that the highest amount a landlord can charge for rent is an example of a price ceiling because he cannot exceed that particular amount for renting of his house

Read more about price ceiling here:
https://brainly.com/question/1448982

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