Define Price Floors. Price Floors synonyms, Price Floors pronunciation, Price Floors translation, English dictionary definition of Price Floors. Noun 1. price floor - floor below which prices are not allowed to fall; "the government used price supports t
The government intervenes to maintain the prices at a level that encourages production when the market mechanisms determine a high or a lowequilibrium price. Typically, a price floor is imposed when the economic activity slows down, and the supply of certain products is low, resulting in an inc...
Shock therapy:refers to a quick transition from a planned to market economy with a sudden release of price and currency controls,immediate trade liberalization within a country and usually also including large scale privatization. Gradual transiti...
The meaning of FLOOR SAMPLE is an article (as a radio or kitchen cabinet) offered for sale at a reduced price because it has been used for display or demonstration.
floor (flôr) n. 1. a. The surface of a room on which one stands. b. The lower or supporting surface of a structure. 2. a. A story or level of a building. b. The occupants of such a story: The entire floor complained about the noise. 3. a. A level surface or area ...
The meaning of LOAD is the quantity that can be carried at one time by a specified means; especially : a measured quantity of a commodity fixed for each type of carrier —often used in combination. How to use load in a sentence.
The actual impact of a price floor on the market depends on two factors: (a) whether the equilibrium price is lower than the price floor and (b) relativeelasticityof demand to supply. Let’s consider the market for wheat in a developing country. The government has imposed a minimum price...
The floor area ratio accounts for the entire floor area of a building, not simply the building's footprint. Unoccupied areas such as basements, parking garages, stairs, and elevator shafts are excluded from the square footage calculation. ...
A trading floor refers to a physical area wherein trading activities in financial instruments, such asequities,fixed income,futures, and options, take place. Trading floors are situated in the buildings of various exchanges, such as theNew York Stock Exchange (NYSE)and theChicago Board of Trade...
3.The buyers and sellers of stocks:The stock market was jittery all morning. 4.The business transacted in such a market:The stock market has been sluggish. 5.The price or value of the stocks trading in a market:a rising stock market. ...