Answered

Welcome to Westonci.ca, the place where your questions find answers from a community of knowledgeable experts. Connect with a community of experts ready to provide precise solutions to your questions quickly and accurately. Get precise and detailed answers to your questions from a knowledgeable community of experts on our Q&A platform.

What is an example of a price floor

Sagot :

iheonuchimere

Answer:

Minimum Wage

Explanation:

A price floor simply tells us the minimum price a commodity can be bought. A good example is the minimum wage. In this case, employers cannot pay employees lower than this amount.

We appreciate your time. Please revisit us for more reliable answers to any questions you may have. We appreciate your visit. Our platform is always here to offer accurate and reliable answers. Return anytime. We're dedicated to helping you find the answers you need at Westonci.ca. Don't hesitate to return for more.