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30 August, 01:35

If the market price of burgers is $8 and the government sets a legal minimum at $9, the government has imposed a price Use letters in alpha-betical order to select options:

A floor that is not binding.

B ceiling that is binding.

C ceiling that is not binding.

D floor that is binding.

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Answers (1)
  1. 30 August, 01:43
    0
    D, floor that is binding

    Explanation:

    floor that is binding means that the government sets a required price that is at prive above equilibrium
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