百度试题 结果1 题目Give an example of a price ceiling and an example of a price floor.相关知识点: 试题来源: 解析 答案:The Chinese goverment sets the highest price for houses and the lowest price for agricultural products.反馈 收藏
One of these,calledtheprice support program,is an example of a price floor. In the graph below, the equilibrium price for wheat(小麦)would be $2 per bushel. Assume the government sets a floor price of $4 per bushel. Price of Wheat Supply $4 $2 Demand ___ 0500,0001,000,000Quantity ...
Explore price floors in economics. Learn the definition of a price floor and understand why it is set. Discover the effects of price floors with...
In other cases, the government intervenes to maintain the prices of production factors at a higher level than the equilibrium price to protect the income of producers. Although in the real world price ceiling are much more common controls, floor limits do still exist. Let’s look at an exam...
aFor this example, a $700 price floor would cause a surplus of 4,000 bicycles. A price floor is binding if it is set at any price above equilibrium price. Since the equilibrium price in the market is $500, this would be a binding price floor. 为这个例子, $700价格下限将导致4,000辆...
2.An example of a price floor is: A:A:a tax on ceramic tileB:B:rent control.C:C:a minimum price for milk. 正确答案:C 分享到: 答案解析: 暂无解析 统计:共计0人答过,平均正确率0% 问题:进入高顿部落发帖帮助相似题型热门网课更多>> 论坛精华更多>> 题库APP下载更多>> 关注我们 微信...
Price Floor Aprice flooris a minimum price enforced in a market by a government or self-imposed by a group. It tends to create a market surplus because the quantity supplied at the price floor is higher than the quantity demanded. Demand curveis generally downward sloping which means that ...
Drawing a price floor is simple. Simply draw a straight, horizontal line at the price floor level. This graph shows a price floor at $3.00. You'll notice that the price floor is above the equilibrium price, which is $2.00 in this example. ...
The opposite of a price ceiling is a price floor, a point below which prices can't be set. Price ceilings make staples affordable for consumers in the short term but they often carry long-term disadvantages such as shortages, extra charges, or lower-quality products. ...
Minimum wagesare sometimes considered a form of price control as well. In this case, it is a price floor or the lowest possible salary an employer can pay to their employees. Minimum wages ensure that individuals can maintain a specificstandard of living.1 ...