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Who do price floors try to protect?

Who do price floors try to protect?
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Who do price floors try to protect?

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User Damen
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2 Answers

6 votes

Answer:

protect buyers and suppliers or manage scarce resources during difficult economic times.

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User Festus
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11 votes

Answer: they protect buyers and suppliers or manage scarce resources during difficult economic times.

Explanation: Price floors and price ceilings are government-imposed minimums and maximums on the price of certain goods or services.

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User Scroobius
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