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

Phycology - PLEASE HELP I WILL MAKE YOU BRAINLIEST! -This person has feelings if guilt when doing stuff for oneself - This person has trouble controlling overth
I need help with this problem. One number is 6 less than another number. The sum of the numbers is 24. Let x and y be the two numbers.
7. Rose says, "I've got eighteen years of my life invested in you." What does she mean?
What time does chime direct deposit hit on thursday.
Can someone help me with this? I can’t understand it, please it’s urgent :(
Why is genetic editing a bad thing?
What’s the greatest common factor
what is meaning of Ray​
Chang is 6 inches taller than nancy. Use n for nancy’s height in inches. Write an expression to represent chang's height. Then evaluate that expression for n =
Trigonometric ratios & finding missing sides