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Business, 19.09.2021 05:40 alisonlebron15

Indicate whether each of the statements is an example of a price ceiling or a price floor and whether it is binding or nonbinding. a. The government prohibits donut shops from selling donuts for more than $1.10 each.
b. There are many teenagers who would like to work at donut shops, but they are not hired due to minimum-wage laws.
c. The government has instituted a legal minimum price of $1.10 each for donuts.

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