Imposed selling price refers to the predetermined cost at which a product or service must be sold, typically set by a higher authority or governing body. This price is often non-negotiable and must be adhered to by the seller, regardless of market conditions or competition. It is commonly used in industries with strict regulations or monopolies, where the selling price is imposed to ensure fair and consistent pricing for consumers. The imposed selling price can also be seen as a form of price control, aimed at maintaining stability and preventing price wars.