Respuesta :
Option D
An example of a price floor is the minimum wage.
Explanation:
A price floor is the most economical price that one can lawfully settle for remarkable goods or assistance. Possibly the best-known case of a price floor is the minimum wage, which is based on the way that someone running the whole time should be capable to yield a necessary standard of living.
Price floors are seldom termed as “price supports,” because they promote a price by restricting it from dropping under a certain level. When a price floor is fixed beyond the equilibrium price, the quantity provided will exceed the quantity required, and excess supply or excesses will result.
(D) The minimum wage
Explanation:
Price Floor:It can be defined as the minimum price paid/imposed by government for a particular product or service
For Example: Minimum wage is the price that the employer pay to the labor .As per the federal government rule the Minimum Wage in the year 2016 is $7.25 per hour.
