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A price floor is (Multiple Choice Question)

Ryanteck

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6 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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#1

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Ryanteck Author

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6 years ago

Brilliant ツ

lierac00

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Yesterday

Thanks

deathDoUsPart

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2 hours ago

Smart ... Thanks!

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