This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: The minimum price for a good set by the government above the equilibrium price is called a: a. ... (Read 44 times)

nummyann

  • Hero Member
  • *****
  • Posts: 576
on: Jun 30, 2018
The minimum price for a good set by the government above the equilibrium price is called a:
 a. price ceiling.
  b. price floor.
  c. parity price ratio.
  d. market-generated price.
  e. deficiency price.

Question 2

Price floors are instituted because the government wants to:
 a. help consumers.
  b. help producers.
  c. raise tax revenue.
  d. prevent imports.
  e. increase demand.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

polinasid

  • Sr. Member
  • ****
  • Posts: 344
Reply #1 on: Jun 30, 2018
Answer to Question 1

b

Answer to Question 2

b


nummyann

  • Member
  • Posts: 576
Reply 2 on: Jun 30, 2018
Gracias!

raili21

  • Member
  • Posts: 324
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

There are more bacteria in your mouth than there are people in the world.

Did you know?

In women, pharmacodynamic differences include increased sensitivity to (and increased effectiveness of) beta-blockers, opioids, selective serotonin reuptake inhibitors, and typical antipsychotics.

Did you know?

The Centers for Disease Control and Prevention (CDC) was originally known as the Communicable Disease Center, which was formed to fight malaria. It was originally headquartered in Atlanta, Georgia, since the Southern states faced the worst threat from malaria.

Did you know?

When intravenous medications are involved in adverse drug events, their harmful effects may occur more rapidly, and be more severe than errors with oral medications. This is due to the direct administration into the bloodstream.

Did you know?

IgA antibodies protect body surfaces exposed to outside foreign substances. IgG antibodies are found in all body fluids. IgM antibodies are the first type of antibody made in response to an infection. IgE antibody levels are often high in people with allergies. IgD antibodies are found in tissues lining the abdomen and chest.

The pancreas. This organ sits just below the stomach and is both an exocrine and an endocrine gland. The pancreas. This organ sits just below the stomach and is both an exocrine and an endocrine gland.
To help make good electrical contact with the terminals without doing any harm, select the ... To help make good electrical contact with the terminals without doing any harm, select the ...
The learning and retention of the mirrordrawing task by H.M. Despite his good retention of the task, ... The learning and retention of the mirrordrawing task by H.M. Despite his good retention of the task, ...
Five layers or sheaths called koshas in Ayurvedic philosophy. Five layers or sheaths called koshas in Ayurvedic philosophy.
Almonds and other nuts are also good sources of protein Almonds and other nuts are also good sources of protein
Kinesthesis and Equilibrium Kinesthesis and Equilibrium
Video: Introduction to Autism

For a complete list of videos, visit our video library