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

What is 1997 from 2014????????????
The unstated purpose of the Alien and Sedition Acts was to (A) unite the nation in time of danger (B) deport immigrants who were becoming too numerous (C) prote
If ab = 10 and a2 + b2 = 30, what is the value of (a + b)^2?
USE A NUMBER LINE TO FIND 8/9 / 8/45.
If ab = 10 and a2 + b2 = 30, what is the value of (a + b)^2?
What is 1997 from 2014????????????
Suppose you ride your bicycle to the library traveling at 0.5 km/min. It takes you 25 minutes to get to 1.3 the library. How far did you travel?
how do day and nightat uranus's equator change asthe uranus revolves around the sun?
China, Korea, and Japan share cultural similarities in part due to their (1) clashes with Russian imperialists (2) shared river systems (3) contacts through tra
A tree was chopped down and cut up in a local forest.The tree changed in shape.What kind of change took place?A.chemical changeB.physical change C.phase changeD