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Statement Price Control Binding or Not The government prohibits donut shops from selling donuts for more than $1.80 each.Price ceiling Binding There are many teenagers who would like to work at donut shops,
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Statement Price Control Binding or Not The government prohibits donut shops from selling donuts for more than $1.80 each.Price ceiling Binding There are many teenagers who would like to work at donut shops, but they are not hired due to minimum-wage laws.Price ceiling Non-binding The government has instituted a legal minimum price of $1.80 each for donuts.Price floor Binding

User Padmanathan J
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Answer:

The question is incomplete

Step-by-step explanation:

Price ceiling is a legal maximum on the price at which a good can be sold whereas a price floor is a legal minimum on the price at which a good can be sold

User Krzysztof Radzimski
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