Econ Price Floor And Ceiling Quiz

Quiz questions will focus on topics such as binding price ceiling.
Econ price floor and ceiling quiz. Play this game to review economics. Min price fixed by the gov t price at or above the floor is legal below isn t. Econedlink members can register for webinars with one click and will receive certificates of completion within 24 hours of viewing. Price floor and celing elasticity market failures.
Price ceiling is a concept that is often used in economics. To play this quiz please finish editing it. Sets max legal price a seller may charge for a product price at or below ceiling is legal above isn t with a celeing there is a shortage tax on producers. What is the result of the government implementing a price floor of 60.
Learn vocabulary terms and more with flashcards games and other study tools. Quiz questions will test your knowledge about price ceiling and definitions associated with this economic term. This quiz is incomplete. Final exam ch.
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