A price floor is -
A. the exact amount it costs to produce a good or service, without making a...
History, 20.02.2020 19:59 jaccamoboy
A price floor is -
A. the exact amount it costs to produce a good or service, without making a profit for the
producer.
B. a government-set minimum price consumers are required to pay for a good or a
service.
C. the price at which the demand for a good or service matches the supply of that good or
service.
D. an illegal market in which goods are traded at higher prices or quantities than those
set by law.
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