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When the government sets a price floor on earnings it is called what?
JoshuaEGuntergp7579
Minimum wage.
Rosalinda Blick
Wiki User
∙ 9y agoIt's called the minimum wage.
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What is it called when the government sets a price on earnings?
Minimum wage.
What is the government controlled price ceiling on apartment price called?
Floor pricing
What is the government-controlled price ceiling on apartment prices called?
Floor pricing
An example of price floor?
A price floor is government imposed limit on how low a price can be charged for a product or service. An example of a price floor in the US are minimum wage laws. The government has set the minimum wage that a company can pay an employee.
How is price floor different from price ceiling?
A price floor is the minimum price set by the government where as a price ceiling is the maximum price sellers can charge for a good or service.
What is a price floor?
A price floor is a government- or group-imposed price control or limit on how low a price can be charged for a product, good, commodity, or service.
Price floor is a minimum price fixed by the government. True or False?
True
When government imposes a price ceiling or a price floor in a market?
Efficiency in the market is enhanced.
What affect does earnings per share have on price earnings ratio?
the price earnings ratio is simply earnings-per-share divided by the share price. OOPS! I got that upside down! It is the share price divided by the earnings per share. The earnings figure might be for the trailing twelve months (ttm) or earnings estimated for the next four quarters.
What does 'price floor' mean in economics?
In economics, price floor is the lowest allowed price a commodity can be sold at. They are used by the government to keep some prices from being too low.
The government sets a price floor in order to protect what?
A vulnerable industry
The government my enact a price floor in order to accomplish what?
Protect producers
