ch3ihistapurpleS ch3ihistapurpleS
  • 02-11-2016
  • Business
contestada

A price support is a type of
a. price floor
b. price ceiling
c. price fixing
d.rent control

Respuesta :

nataleighkirk
nataleighkirk nataleighkirk
  • 07-11-2016
the answer is C. price fixing
Answer Link
Queenlori
Queenlori Queenlori
  • 28-10-2019

Answer:

C. price fixing

Explanation:

Price ceilings prevent a price from rising above a certain level. When a price ceiling is set below the equilibrium price, quantity demanded will exceed quantity supplied, and excess demand or shortages will result. Price floors prevent a price from falling below a certain level.

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