Question

What did you mean by "above market prices?" How do you define "market price?" How could a seller/supplier sell their products or services at "above market prices?"

Answer 1

The term market price is defined as the price where the demand and supply are equal, at this price there will be no excess supply and no excess demand in the market.

The term above the market price means artificially adjusted price above the equilibrium price. At this price the demand will be low and the supply will be higher. The price above the market price will be set by the government not by the market forces i.e. the demand and supply.