What is the term used to describe a legal minimum price for something such as a good or service?

asked Oct 7, 2019 42.0k views

3 votes

7.8k points

Please log in or register to add a comment.

6 votes

Answer:

Price floor

Step-by-step explanation:

Fmpdmb answered Oct 10, 2019

9.0k points

6 votes

The term used to describe a legal minimum of which a good or service can be offered is called a Price Floor.

Hope this helps!

8.3k points

Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

9.5m questions

12.2m answers