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Social Studies, 24.09.2019 09:20 larrbear64

What is the difference between a price floor and a price ceiling?
a. a price floor is the minimum price allowed for a good. a price ceiling is the maximum price allowed for a good.
b. a price floor is the maximum price allowed for a good. a price ceiling is the minimum price allowed for a good.
c. a price floor is an advantage for consumers for buying a good. a price ceiling is a disadvantage for consumers for buying a good.
d. a price floor is a disadvantage for consumers for buying a good. a price ceiling is an advantage for consumers for buying a good.

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What is the difference between a price floor and a price ceiling?
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