All the following are methods of determining prices except?

A. maximum pricing
B. rationing
C. minimum pricing
D. auctioning

Correct Answer: Option D

D. auctioning

Explanation

A maximum price occurs when a government sets a legal limit on the price of a good or service – with the aim of reducing prices below the market equilibrium price.

Minimum Prices:- It is known as minimum price or price floor when the government sets a minimum legal limit of a price of a particular good or service.

In economics, rationing refers to an artificial control of the supply and demand of commodities.