Ask Question

Minimum wage is an example of what type of floor?

+2
Answers (1)
  1. 26 May, 07:59
    0
    The most common example of a price floor is the minimum wage. This is the minimum price that employers can pay workers for their labor. The opposite of a price floor is a price ceiling.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Minimum wage is an example of what type of floor? ...” in 📗 Social Studies if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers