A price floor is usually set _____________ the equilibrium price.

Name: A price floor is usually set _____________ the equilibrium price.
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A price floor is a minimum price set by a government or other authority that is above the market equilibrium price. The idea is to ensure that producers receive a fair price for their goods or services, but it can create a surplus of products that nobody wants to purchase at the higher price.

A Price Floor Is Usually Set _____________ the Equilibrium Price