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

Author Question: A price floor is (Read 36 times)

WhattoUnderstand

  • Hero Member
  • *****
  • Posts: 517
on: Apr 19, 2019

A price floor is


◦ a minimum price set by government that sellers may charge for a good.
◦ a maximum price set by government that sellers may charge for a good.
◦ the difference between the initial equilibrium price and the equilibrium price after a decrease in supply.
◦ the minimum price that consumers are willing to pay for a good.
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by WhattoUnderstand on Apr 19, 2019

rekilledagain

  • Sr. Member
  • ****
  • Posts: 337
Reply #1 on: Apr 19, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 25% of students answer this correctly


WhattoUnderstand

  • Hero Member
  • *****
  • Posts: 517
Reply #2 on: Apr 19, 2019
Excellent


rekilledagain

  • Sr. Member
  • ****
  • Posts: 337
Reply #3 on: Apr 19, 2019
Great! Please up vote :D


« previous next »
 

Did you know?

Once thought to have neurofibromatosis, Joseph Merrick (also known as "the elephant man") is now, in retrospect, thought by clinical experts to have had Proteus syndrome. This endocrine disease causes continued and abnormal growth of the bones, muscles, skin, and so on and can become completely debilitating with severe deformities occurring anywhere on the body.

Did you know?

Cocaine was isolated in 1860 and first used as a local anesthetic in 1884. Its first clinical use was by Sigmund Freud to wean a patient from morphine addiction. The fictional character Sherlock Holmes was supposed to be addicted to cocaine by injection.

Did you know?

In ancient Rome, many of the richer people in the population had lead-induced gout. The reason for this is unclear. Lead poisoning has also been linked to madness.

Did you know?

The types of cancer that alpha interferons are used to treat include hairy cell leukemia, melanoma, follicular non-Hodgkin's lymphoma, and AIDS-related Kaposi's sarcoma.

Did you know?

The highest suicide rate in the United States is among people ages 65 years and older. Almost 15% of people in this age group commit suicide every year.

A child having a seizure is gently assisted to the floor and placed in a sidelying position. A child having a seizure is gently assisted to the floor and placed in a sidelying position.
The diagonal of the floor of a rectangular office cubicle is 2 ft longer than the ... The diagonal of the floor of a rectangular office cubicle is 2 ft longer than the ...
If the price charged for a candy bar is p(x) cents, then x thousand candy bars will be sold in ... If the price charged for a candy bar is p(x) cents, then x thousand candy bars will be sold in ...
The price of rice in a small country is currently $6 per pound. In order to help low-income ... The price of rice in a small country is currently $6 per pound. In order to help low-income ...
Your company advertises all prices on the menu board as a final price, including HST of 13%. A ... Your company advertises all prices on the menu board as a final price, including HST of 13%. A ...
Effects of alterations in Shh morphogen activity in the floor plate and the limb bud Effects of alterations in Shh morphogen activity in the floor plate and the limb bud
Video: Introduction to Macular Degeneration

For a complete list of videos, visit our video library