How Do Price Ceilings And Price Floors Affect Market Outcomes?

How Do Price Ceilings And Price Floors Affect Market Outcomes?? How does price floor affect market outcomes? A price floor will only impact the market if it is greater than the free-market equilibrium price. If the floor is greater than the economic price, the immediate result will be a supply surplus. However, quantity demand will … Continue reading How Do Price Ceilings And Price Floors Affect Market Outcomes?