Question

What is the difference between a price floor and a price ceiling?

A price floor is the minimum price allowed for a good. A price ceiling is the maximum price allowed for a good.
A price floor is the maximum price allowed for a good. A price ceiling is the minimum price allowed for a good.
A price ceiling below the equilibrium price has no effect.
A price floor above the equilibrium price has no effect.

Answer 1

Answer: the first alternative would be correct

its A

Step-by-step explanation:

Answer 2

The first one ☝
A price floor is the minimum price allows for a good. A price ceiling is the maximum price allowed for a good