Option D
An example of a price floor is the minimum wage.
<h3><u>
Explanation:</u></h3>
A price floor is the most economical price that one can lawfully settle for remarkable goods or assistance. Possibly the best-known case of a price floor is the minimum wage, which is based on the way that someone running the whole time should be capable to yield a necessary standard of living.
Price floors are seldom termed as “price supports,” because they promote a price by restricting it from dropping under a certain level. When a price floor is fixed beyond the equilibrium price, the quantity provided will exceed the quantity required, and excess supply or excesses will result.
Answer:All federal courts are, under the Constitution, courts of limited jurisdiction. They may hear only “cases or controversies,” which means that they cannot perform non-judicial functions or give advice to the President or Congress about the constitutionality of proposed action.
If there is a social class that shows different levels of wealth and status. If the people are nomadic there is no social classes.
