Hi guys, Welcome to the Advanced Video Search Engine, and you are watching Price Ceilings and Floors- Micro Topic 2.8. That video is uploaded by Jacob Clifford at 2014-09-27T01:07:21-07:00. We are promoting this video only for entertainment and educational purpose only. So, I hope you like & enjoy it. [1EzY4Vl460U]
| Name | Price Ceilings and Floors- Micro Topic 2.8 |
| Video Uploader | Video From Jacob Clifford |
| Upload Date | This Video Uploaded At 27-09-2014 08:07:21 |
| Video Discription | New video for this topic: https://youtu.be/eE_FYK2FlnQ In this video I explain what happens when the government controls market prices. Price ceilings are a legal maximum price and price floors are a minimum legal price. Make sure that you can draw each of them on a demand and supply graph and identify if there is a shortage or a surplus. Keep in mind that your teacher may use the word "binding" to describe the situation where the price control has an effect on the market. Need help? Check out the Ultimate Review Packet for FREE: https://www.acdcecon.com/review-packet 1EzY4Vl460U |
| Category | Education |
| Tags | supply | demand | economics | ceiling | floor | price |
