In this market, economists would call a government-set maximum price of $40 a:





A. price ceiling.

B. price floor.

C. equilibrium price.

D. fair price.

A. price ceiling.

Economics

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What is the purpose of the Federal Deposit Insurance Corporation

What will be an ideal response?

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The returns to education are

A) lowest in developing nations. B) highest in developing nations. C) never reflected in the wages of workers. D) highest in developed nations.

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