What is the effect of price floor in an economy? (3marks)
Simran,
This topic has been covered in our study material under the topic 'Effect of imposition of Price Floor'. Refer to the following link to view the same.
https://www.meritnation.com/cbse/class12-commerce/studymaterial/economics/introductory-microeconomics/market-equilibrium/338_1984_5824
This topic has been covered in our study material under the topic 'Effect of imposition of Price Floor'. Refer to the following link to view the same.
https://www.meritnation.com/cbse/class12-commerce/studymaterial/economics/introductory-microeconomics/market-equilibrium/338_1984_5824