In which type of market would a government be most likely to establish a "legal" price floor?
A)electricity market
B)natural gas market
C)housing market
D)diamond market
E)labour market

Question

Quizplus · Accepted Answer

A government is most likely to establish a legal price floor in the labor market, commonly known as a minimum wage, to ensure workers receive a minimum level of income.

In Which Type of Market Would a Government Be Most