abbie306 abbie306

12-06-2016
Social Studies

contestada

Minimum wage and farming price control are examples of _____.
a. market-clearing prices
b. price ceilings
c. price floors

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Kalahira Kalahira

28-08-2017

This is an example of price floors. The government sets a price floor to prevent the prices from going down or being too low. Minimum wage is the lowest amount of money a person can be paid per hour and the employer cant go any lower than that.

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mcclsnd62 mcclsnd62

20-11-2019

Answer:

Price floors

Explanation:

It is the minimum price for a good, sometimes imposed by government.

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