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Macroeconomics – Haci
Module: Government Action
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Glossary: Government Action
price ceiling
a legal maximum price
price control
government laws to regulate prices instead of letting market forces determine prices
price floor
a legal minimum price
total surplus
see social surplus
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Principles of Microeconomics Chapter 3.5 Glossary.
Authored by
: OpenStax College.
Located at
:
http://cnx.org/contents/ea2f225e-6063-41ca-bcd8-36482e15ef65@10.31:24/Microeconomics
.
License
:
CC BY: Attribution
.
License Terms
: Download for free at http://cnx.org/content/col11627/latest
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