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analiciajdeajim
analiciajdeajim analiciajdeajim
  • 11-10-2015
  • Physics
Answered

A minimum price, set by the government, that must be paid for a good or service is called a _____.

Aprice wall
Bprice floor
Cprice field
Dprice ceiling

Verified Answer :

shamia157
shamia157 shamia157
  • 11-10-2015

B: a price floor is the correct answer

Answer Link
N8tcrawler N8tcrawler
  • 22-05-2019

Answer:

B. Price floor

Explanation:

it is a price imposed by the government for a product , goods or commodity if the government feels that price is too low. In order to be effective Price floor must be more than the equilibrium price .

Answer Link

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