NAME: P r I c e A c t

C O N T I N U A T I O N

REPUBLIC ACT 7581

P r I c e A c t
DTI:
1. What is the purpose of this Act?

3. What is the meaning of buffer fund?

4. What is the meaning of price ceiling?

5. What is the meaning of mandated price ceiling?

2. What is the meaning of Implementing Agency?

This will happen if these conditions so warrant:

DOA:

DOH: 6. What is the meaning of prevailing price?

DENR:

7. EXPLAIN THE ILLEGAL ACTS OF PRICE MANIPULATION.

 NAME:

T
8. EXPLAIN PANIC BUYING. R
A
C
E
9. Implementing Agencies shall adopt programs designed to:

T
H
10. MODIFIED TRUE OR FALSE E
The implementing agency may, whenever necessary, issue suggested retail prices.

The implementing agency may, whenever necessary, determine, recommend and D

enforce price ceilings. R
A
11. During the instances of panic buying, what shall the implementing agencies do? W
I
N
G