Answer:
price floor
Explanation:
A price ceiling is a limit that is established by the government that determines the highest price that can be charged for a product or service.
A price floor is a control that is established by the government that determines the lowest price for a product or service.
According to this, the answer is that the minimum wage is an example of a price floor because it determines the minimum amount that a company can pay to a worker.
The other options are not right because a price ceiling establishes the highest price for a product and price door and price wall are not price controls.
Answer: A seller has about 72 hours to decide what to do with an offer
Explanation: A seller has 72 hours to accept a buyers offer in as much as the offer does not have an expiry date.
An offer is made to buy an asset which is usually between a willing , knowledgeable buyer and a seller at an armslenght transaction.
Answer:
The correct option is "B"
Explanation:
Worker = 100 × $10
Worker = 1000
Capital = 50 × $21
Capital = 1050
As the expense of work is not exactly capital, along these lines utilizing more work and less capital. In addition the minor profitability of work is additionally more than the capital
I'm not sure what your asking but I'll give you the 6 steps:
1-whats the problem
2-what are the options
3- what are the benefits and downfalls of each option
4- choose one
5- act upon it
6- evaluate what you've done
