Examples of 'price floor' in a sentence
Meaning of "price floor"
price floor - In economics, a price floor is a government-imposed limit on how low a price can be charged for a product or service
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- An imposed lower limit on the price charged for goods or services.
How to use "price floor" in a sentence
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price floor
The price floor will not be implemented.
An important example of a price floor is the minimum wage.
A price floor is established above the equilibrium price.
Minimum wage behaves as a classical price floor on labor.
A price floor will also decrease the number of transactions.
The price ceiling and the price floor.
A price floor must be higher than the equilibrium price in order to be effective.
This is when the price floor.
The price floor is not binding if set below the equilibrium price.
Suppose the government implements a price floor in this market.
A price floor that is set above the equilibrium price creates a surplus.
They create a price floor.
A price floor establishes the minimum legal price for a good or service.
Give an example of a price ceiling and an example of a price floor.
Figures below shows the price floor and price ceiling.
See also
Maximum resale price is the price ceiling and minimum resale price is price floor.
As a kind of price floor.
When a price floor is applied to a labor market, it is called a minimum wage.
The consequences of a price floor.
As such, it has a price floor and intrinsic value.
What the effects of a price ceiling and a price floor are.
In this case, the price floor has a measurable impact on the market.
They are also the only tequila company that sets a price floor for agave.
A price floor could be set below the free-market equilibrium price.
What is the difference between a price floor and a price ceiling.
He will always say it 's a very good car which he sells at a price floor.
This can be done equitably with a stricter price floor requirement for advanced economies.
The Commission has no intention to propose a price floor.
It could entail the implementation of a new price floor that the producer group would defend.
A price floor set above the market equilibrium price has several side-effects.
Suppose that the government imposes a price floor on the market for cheese.
However, the producer did not fix the price but merely set a price floor.
Equivalently, it is the price floor below which workers may not sell their labor.
Why Europe still needs a carbon price floor.
Review the current price floor mechanisms and safeguards ; and Stronger competition.
The market is right to doubt whether OPEC can maintain a specific price floor for oil.
Wouldn't a price floor serve as a giveaway to oil companies?
The Minimum Wage An important example of a price floor is the minimum wage.
A widely used price floor is minimum wage ( wages are the price of labor ).
Instead, it might be better to have a price floor a tax.
Discover our best price floor models for sale . Brand new, never used or rented.
Ceiling places a legal maximum on prices, a price floor places a legal minimum.
Norwegian salmon dumping three-month period does not fall below this price floor.
Congress votes to impose a price floor $2 above the.
State aid, Commission approves UK compensation for indirect costs of carbon price floor.
Carbon Price Floor ( CPF ) and the price support mechanism.
In the United States, the USDA maintains a price floor for milk farmers.
The politicians, though, will receive credit for their “ compassion ” in raising the price floor.
For more information, see price floor.
Because this is below the equilibrium price of $3, the price floor has no effect.
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Examples of using Floor
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The whole floor needs to be torn out
I got one patient dead on the floor
Floor area of dwelling per family member
