Which of the Following Is an Example of a Price

question 176

Multiple Choice

Which of the following is an example of a price floor?

• A)rent controls 
• B)maximum prices for gasoline 
• C)usury laws that set maximum interest rates 
• D)the minimum wage

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Definitions:

Correspondence

Communication or exchange of information, typically through letters or emails.

Paper Used

The utilization of paper for various purposes such as writing, printing, or packaging.

Energy Required

The amount of energy needed to perform a specific task or to maintain the operation of devices or organisms.

Costs

The amount of money required to purchase goods or services, or the expenditure incurred in the production of goods or services.