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

During a certain 25-year period, the consumer price index (CPI) increased by 99%,but during thenext 25-year period, it increased by only 1%. Which of these cond
Viral marketing describes everything from paying people to say positive things online to schemes where consumers get commissions for directing friends to specif
Instructions: Find the missing length indicated. 225 144 X=
What are the uses of the whorls of the flower ​
Cesium-137 has a half-life of about 30 years. A) Find the annual decay rate and round final result to 4 decimal places. B) Find the continuous decay rate and ro
Which value is a solution to w∕18 ≥ –1?
A writer can use anecdotal, experimental, statistical, or testimonial evidence to support his or her primary claim.a. Trueb. False
mila has 9 buttons mia has 225 mia has how many times as many buttons as mila?
I really need help with this question! PLEASE HELP ME! No nonsense answers, and full solutions please!
Explain how I would rewrite 3^5 * 3^-4 as a base an exponent