Register
What is the term used to describe a legal minimum price for something such as a good or service?
42.0k views
3 votes
What is the term used to describe a legal minimum price for something such as a good or service?

User Alejandro De Haro
by
5.4k points

2 Answers

6 votes

Answer:

Price floor

Step-by-step explanation:

User Fmpdmb
by
6.1k 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!

User Gujarat Santana
by
5.2k points
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

6.0m questions

7.8m answers

Other Questions

Which type of anxiety plays a key role in many cases of erectile dysfunction?
To truly understand why people act the way they do, we must understand the meanings they attach to their behaviors. max weber called this:
Mr. Jensen repeatedly complains about the quality and duration of his sleep. He claims that he has difficulty falling asleep and staying asleep, and that he usually wakes up before it is time to get up.
Those rights that are so fundamental that they are outside of the authority of government to refulate are known as
Does the president of israel make all the decisions and rules for the country
Link Copied!