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Which term refers to a legally established maximum price that firms may charge?

Tidy

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9 years ago

Which term refers to a legally established maximum price that firms may charge?

Which term refers to a legally established maximum price that firms may charge?
A) a price ceiling
B) a subsidy
C) a price floor
D) a tariff

Textbook

Essentials of Economics

Essentials of Economics

Edition: 4^th

Authors: Hubbard, O'Brien

Read 364 times

1 Reply

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Sydnie

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Tidy Author

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9 years ago

You make an excellent tutor!

Jose^2

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I appreciate what you did here, answered it right Smiling Face with Open Mouth

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TAT1238

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Thanks

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