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What Is a Price Floor? What Happens to the Relationship

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What is a price floor? What happens to the relationship between quantity demanded and supplied with an effective price floor?


Definitions:

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A type of cancer that occurs in the cells of the cervix, often caused by the human papillomavirus (HPV).

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A sequence of vaccinations administered over a period of time to provide full immunity against infectious diseases.

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A specialized hospital department dedicated to the care of ill or premature newborn infants.

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The sharpness or clarity of hearing, a measure of how well a person can detect and differentiate sounds.

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