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  2. Price floor - Wikipedia

    en.wikipedia.org/wiki/Price_floor

    An ineffective, non-binding price floor, below equilibrium price. A price floor could be set below the free-market equilibrium price. In the first graph at right, the dashed green line represents a price floor set below the free-market price. In this case, the floor has no practical effect.

  3. Price ceiling - Wikipedia

    en.wikipedia.org/wiki/Price_ceiling

    Pricing, quantity, and welfare effects of a binding price ceiling. There is a substantial body of research showing that under some circumstances price ceilings can, paradoxically, lead to higher prices. The leading explanation is that price ceilings serve to coordinate collusion among suppliers who would otherwise compete on price.

  4. Price controls - Wikipedia

    en.wikipedia.org/wiki/Price_controls

    A government-set minimum wage is a price floor on the price of labour. A price floor is a government- or group-imposed price control or limit on how low a price can be charged for a product, [21] good, commodity, or service. A price floor must be higher than the equilibrium price in order to be effective. The equilibrium price, commonly called ...

  5. Price support - Wikipedia

    en.wikipedia.org/wiki/Price_support

    In economics, a price support may be either a subsidy, a production quota, or a price floor, each with the intended effect of keeping the market price of a good higher than the competitive equilibrium level. In the case of a price control, a price support is the minimum legal price a seller may charge, typically placed above equilibrium.

  6. Resale price maintenance - Wikipedia

    en.wikipedia.org/wiki/Resale_price_maintenance

    Resale price maintenance (RPM) or, occasionally, retail price maintenance is the practice whereby a manufacturer and its distributors agree that the distributors will sell the manufacturer's product at certain prices (resale price maintenance), at or above a price floor (minimum resale price maintenance) or at or below a price ceiling (maximum resale price maintenance).

  7. Illinois' non-binding ballot referendums on track for approval

    www.aol.com/illinois-non-binding-ballot...

    One of the issues before the state’s voters is the non-binding advisory question asking whether millionaires should pay a 3% surcharge for property tax relief. With less than half of the vote ...

  8. 20YO Blind Cat Found Stuck On Ice Chunk In Lake, Community ...

    www.aol.com/20yo-blind-cat-gets-stuck-110234028.html

    Blind cat resting on floor near hoverboard, fur black and white, saved from lake ice. Image credits: Westford Animal Control / Facebook Ultimately, blind cats, just like Tiki, can have a full life ...

  9. File:Ineffective Price Floor.svg - Wikipedia

    en.wikipedia.org/wiki/File:Ineffective_Price...

    English: An illustrative supply/demand graph, showing an ineffective price floor (below equilibrium price). Line D (red) represents the demand (price vs. quantity demanded), line S (blue) represents the supply (price vs. quantity supplied), point E (black) is the equilibrium point, and line F (green, dashed) represents the price floor.