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

6.005= as what percent
Which sentence is in the present tense?
Order of operations 5-2(5-27)+5
A decrease in the demand for loanable funds would most likely be caused by a(n):
Mr Macdonald recorded the test mark for his eight grade class of 25 students he used the marks recorded to calculate the average to be 72 Sandra's marks of 86 w
Small galaxies containing only a few million to a few billion stars are called.
Why would it be incorrect to say that the DNA sequence A-C-G codes for the amino acid threonine?
After several years of working, Katy has saved $125,000. If she invests that $125,000 in a savings fund that adds 4% each year, about how much will her savings
What happen After Jesus suffered? What is this suffering? (Think back to the gospel (see Luke 22:47 - 23:49)).
Consider the two‑step synthesis of 2‑hydroxy‑2,4‑dimethylpentanoic acid using the reagents provided