britann4308 britann4308
  • 04-01-2020
  • Mathematics
contestada

A price fixed above equilibrium that change the incentives that both buyers and sellers face is called price

Respuesta :

akivieobukomena akivieobukomena
  • 04-01-2020

Answer:

floor

Step-by-step explanation:

price floor is a situation when the price changed is greater or leave than the equilibrium price determined by the force of demand and supply. For a price floor to be effective, the minimum price has to be higher than the equilibrium price. It must be set above the equilibrium price. The opposite of price floor is price ceiling.

Answer Link

Otras preguntas

Help please don't get it .....
Which region is the driest and windiest region, with very hot summers A.Central Plains B.Coastal Plains C.Great Plains D.Mountains and Basins
How to solve this word problem step by step
Find the value of x and y for which (x,10) and (-7,y) are points on the graph of y = 1/7x + 10
What value of x makes this statement true? 3x = 2x + 12
A scientific has a lot of support and is more than just a hunch
What decimal equivalent of 5/6
What are four steps you can follow to help you comprehend health concepts related to health promotion and disease prevention
A coin is tossed 13 times how many different outcomes are possible
A client in the ambulatory care clinic is experiencing shortness of breath and facial and throat edema while receiving a pegloticase infusion. what is the nurse