abbie306 abbie306

12-06-2016
Social Studies

Answered

Minimum wage and farming price control are examples of _____.

Amarket-clearing prices
Bprice ceilings
Cprice floors

Verified Answer :

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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