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A price floor is (Multiple Choice Question)

Ryanteck

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7 years ago

A price floor is (Multiple Choice Question)

A price floor is
A) the minimum price that consumers are willing to pay for a good.
B) a minimum price set by government that sellers must charge for a good.
C) a maximum price set by government that sellers may charge for a good.
D) the difference between the initial equilibrium price and the equilibrium price after a decrease in supply.

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goldlilys

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Ryanteck Author

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7 years ago

Thank you, thank you, thank you!

patod1

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Yesterday

Thanks

patyfeitosa

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2 hours ago

this is exactly what I needed

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