Price floors are only effective below the market equilibrium.
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Q74: Rent controls encourage investment in housing because
Q75: Governments can eliminate market surpluses through the
Q76: An economist would predict that if the
Q77: Price supports increase the supply of affordable
Q78: Price ceilings set a legal maximum price
Q80: Price floors set a legal minimum price
Q81: The minimum wage is an example of
Q82: Price controls date back to
A)World War II.
B)the
Q83: When used in a professional or technical
Q84: During the Revolutionary War, the Pennsylvania legislature
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