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Price floor is a minimum and price ceiling is a maximum.

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Price floor is a minimum and price ceiling is a maximum.

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Price floor is a minimum and price ceiling is a maximum.

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the quantity of the good demanded with the price floor is less than the quantity demanded of the good without the price floor

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A floor price is a group-imposed price limit on how low a price can be charged for a product.

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Price cealing: rent control

Price floor: minimun wage

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