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Explain the implication of price floor?

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Explain the implication of price floor?
  • 3 answers
Implications of price floor includes.... 1 . Excess supply .. because price is more than the equilibrium price for the producer.. so it generates more income 2 . Buffer stock .... govt stores the goods by purchasinf for helping in any kind of disaster

Deepak Dan 7 years, 1 month ago

And if u don't have such book then

Pk Jain789 7 years, 1 month ago

Go to anoop Kumar atria micro book chapter 10
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