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Explain the Concept of a Price Floor

question 59

Essay

Explain the concept of a price floor.


Definitions:

Somatic Nervous System

A component of the peripheral nervous system responsible for the voluntary movements of the body through skeletal muscles.

Endocrine System

The body’s “slow” chemical communication system; a set of glands that secrete hormones into the bloodstream.

Sensory Neurons

Neurons that carry incoming information from the sensory receptors to the brain and spinal cord.

Interneurons

Neurons within the brain and spinal cord that communicate internally and intervene between the sensory inputs and motor outputs.

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