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

Tidy

wrote...

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9 years ago

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

Which term refers to a legally established minimum 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 1030 times

1 Reply

Repeat after me: 'Calm down. Things are gonna be fine. Things are gonna be all great. Just relax.' Wink Face

Wink Face

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Sydnie

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8 years ago

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Tidy Author

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9 years ago

Good timing, thanks!

Harvinder

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Yesterday

Helped a lot

smdavis

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2 hours ago

Just got PERFECT on my quiz

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