Price Floors Are

question 102

Multiple Choice

Price floors are

• A)sometimes associated with surpluses.
• B)always associated with surpluses.
• C)sometimes associated with shortages.
• D)always associated with shortages.

---

Definitions:

Sales Increase

The rise in the amount of goods or services sold by a company within a specific period.

Capacity Level

The maximum output or production level that a facility, plant, or business can achieve under normal operations.

Net Working Capital Turnover

A ratio used to measure how effectively a company is using its short-term assets and liabilities to generate revenue.

Total Fixed Assets

The sum of all long-term tangible assets that a company owns and uses in its operations, which are not expected to be consumed or converted into cash within a year.