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an example of a price floor is the minimum wage

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Q: Give an example of a price floor and a price ceiling and the purpose of the controls?
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Markets with a ceiling price and floor price?

An example of a ceiling would be rent controlled apartments. A floor would be minimum wage.


Give an example of a price ceiling and an example of a price floor?

Price cealing: rent control Price floor: minimun wage


What is the purpose of a suspended ceiling?

The purpose of a ceiling is to hide the underside of the room or floor above you. You can learn more about ceilings at the Wikipedia. Once on the website, type "Ceiling" into the search field at the top of the page and press enter to bring up the information.


What are the homophones for sealing?

ceiling not the floor,but the ceiling


What is the opposite of floor?

a ceiling


What does the math symbol floor mean?

The floor and ceiling functions give you the nearest integer up or down.Example: What is the floor and ceiling of 2.31?The Floor of 2.31 is 2The Ceiling of 2.31 is 3


What does the term floor loads mean?

stacked from floor to ceiling


How is a price floor different from a price ceiling?

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


How is floor price different from a price ceiling?

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


What is a combed ceiling?

it is a ceiling that follows the line of the roof, not a ceiling that runs parallel with the floor.


What does the floor load mean?

stacked from floor to ceiling


What does the term floor load?

stacked from floor to ceiling