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What is the difference between a price floor and a price ceiling?

A. A price floor is the minimum price allowed for a good. A price ceiling is the maximum price allowed for a good.

B. A price floor is the maximum price allowed for a good. A price ceiling is the minimum price allowed for a good.

C. A price floor is an advantage for consumers for buying a good. A price ceiling is a disadvantage for consumers for buying a good.

D. A price floor is a disadvantage for consumers for buying a good. A price ceiling is an advantage for consumers for buying a good.

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  1. 10 July, 12:34
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    The answer would be A
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