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( This question refers to the MRU video 'Price Floors: The Minimum Wage'. ) Which is more common, price floors or price ceilings, and why?
This question refers to the MRU video 'Price Floors: The Minimum Wage'. Which is more common, price floors or price ceilings, and why?
Question Select one:
a
Price floors, because for most goods there are more buyers than sellers.
b
Price ceilings, because for most goods there are more sellers than buyers.
c
Price floors, because for most goods there are more sellers than buyers.
d
Price ceilings, because for most goods there are more buyers than sellers.
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