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sveta [45]
3 years ago
11

What is called Price floor ?​

World Languages
2 answers:
bonufazy [111]3 years ago
7 0

Answer:

  • <u>Price floor is a situation when the price charged is more than or less than the equilibrium price determined by market forces of demand and supply.</u>
borishaifa [10]3 years ago
5 0

Answer:

<h2><em><u>Price floor is a situation when the price charged is more than or less than the equilibrium price determined by market forces of demand and supply.</u></em></h2><h2 />
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DaniilM [7]

Answer:

The slope of the line is -1/2

Explanation:

The general equation of a line is

y=mx+q

where

m is the slope of the line, which is the rate of change of the y-variable with respect to the x-variable

q is the y-intercept, which is the y-coordinate at which the line touches the y-axis

The equation of the line given in this problem is

y=-\frac{1}{2}x+\frac{1}{4}

Therefore, by comparing it with the general equation, we observe that:

m=-\frac{1}{2}\\q=\frac{1}{4}

Therefore, the slope of this line is -1/2.

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