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6 Oct 2020
In order to be binding, a price floor:
A) must lie above the free-market equilibrium price.
B) must lie below the free-market equilibrium price.
C) must coincide with the free-market equilibrium price.
D) must be high enough for firms to earn a profit.
In order to be binding, a price floor:
A) must lie above the free-market equilibrium price.
B) must lie below the free-market equilibrium price.
C) must coincide with the free-market equilibrium price.
D) must be high enough for firms to earn a profit.
Alice SejakeLv10
29 Oct 2020