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Loraine Loraine
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8 years ago
A price floor
A) is the highest price at which it is legal to trade a particular good, service, or factor of production.
B) is the lowest price at which it is legal to trade a particular good, service, or factor of production.
C) is an illegal price to charge.
D) is the equilibrium price when the stock market crashes.
E) is the lowest price for which the quantity demanded equals the quantity supplied.
Textbook 
Essential Foundations of Economics

Essential Foundations of Economics


Edition: 7th
Authors:
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Start by doing what's necessary; then do what's possible; and suddenly you are doing the impossible.
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SydnieSydnie
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8 years ago
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Loraine Author
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Helped a lot
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This site is awesome
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Brilliant ツ
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