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Sublight2097 Sublight2097
wrote...
Posts: 4132
8 years ago
A maximum price set by law above the market-clearing price is called a
A) price cap.
B) price spike.
C) price floor.
D) price ceiling.
Textbook 
The Economic Way of Thinking

The Economic Way of Thinking


Edition: 13th
Authors:
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DropxDropx
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Posts: 1991
8 years ago
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Sublight2097 Author
wrote...
8 years ago
My mind was going in all different directions trying to figure this one out. Thanks so much.
wrote...
8 years ago
Happy to help, let me know if you have any more requests.
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