steelblue1947 steelblue1947
  • 21-07-2017
  • Business
contestada

How do price ceilings and price floors restrict the free exchange of prices?

Respuesta :

meerkat18
meerkat18 meerkat18
  • 03-08-2017
Price ceilings are the limit of the prices to go high above the given ceiling while the price floor limit the prices to go below the given amount. The two restrict the free exchange of prices by putting a range of prices allowable only for a certain product. The prices are already limited between the price floor and the price ceiling.
Answer Link

Otras preguntas

Wats the answer for both?
Why do perfect squares only end up with certain numbers in the last place?
While strolling downtown on a Saturday afternoon, you stumble across an old car show. As you are walking along an alley toward a main street, you glimpse a part
Based on your understanding of rhetorical technique, which three methods did Paine use to present his argument? A. Metaphors B. Hyperbole C. Similes D. Per
Which of the following is intended to prepare students for success at colleges worldwide? O A. IB ОВ. АР O C. dual enrollment O D. ACT
I need a poem or a rap about Earthquakes and devastation they cause. It would be nice to have some facts in there too about earthquakes! Thanks
which of the following players is on offense
When do children usually experience puberty?
What effect does temperature have on enzyme activity
In at least one hundred words, explain why Animal Farm was NOT an initial success in Britain?​