A Minimum Price Set Above the Equilibrium Price Is A

question 116

Multiple Choice

A minimum price set above the equilibrium price is a:

• A)demand price.
• B)supply price.
• C)binding price floor.
• D)binding price ceiling.

---

Definitions:

Alzheimer's Disease

A progressive neurodegenerative disorder characterized by memory loss, cognitive decline, and personality changes.

Age Group

A category of people defined by their age, often used for statistical, marketing, or planning purposes.

Percentage

A portion or fraction of a whole, typically represented as a number out of 100.

Alzheimer's Disease

A degenerative brain disease that leads to progressive memory loss, cognitive decline, and personality changes.