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

The usage of energy is controlled in what system
how do you read a column
In the 700’s A.D., Arabian merchants played an important role in?
Which assessment finding for a client who is experiencing pontine myelinolysis should the nurse report to the healthcare provider?
the amount of Direct Stafford Loans that a student may receive each year is based on his or her:
If you are planning a swimming party for the day, it is better to wake up to____ clouds than to____ clouds A.cirrostratus B. Altostratus
Emily is a doctoral student in psychology. she plans to use ________ to complete her doctoral paper, asking individuals to self-report important information abo
Robert is a veteran of the war in afghanistan. he suffers from posttraumatic stress disorder (ptsd). now, back home in a quiet kansas neighborhood, he jumps whe
the change in elevation from one contour line to the next is called the
The process by which a person acquires political culture and values is known as __________.