All of the following,except one,describes a minimum wage.Which is the exception?

Question

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A minimum wage is a type of price floor, as it sets a minimum price that must be paid to workers. It is implemented through a government regulation that stipulates the lowest rate of pay per hour for workers. Therefore, options A, B, and C all describe a minimum wage, while option D describes a price ceiling, which is the opposite of a price floor. A price ceiling is a government regulation that sets a maximum price that can be charged for a good or service, whereas a price floor sets a minimum price.

All of the Following,except One,describes a Minimum Wage