question 5\n1 pts\nthe legal minimum price that sellers can charge is called:\n○ a price ceiling\n○ a tax on…

question 5\n1 pts\nthe legal minimum price that sellers can charge is called:\n○ a price ceiling\n○ a tax on buyers\n○ a price floor\n○ a tax on sellers

question 5\n1 pts\nthe legal minimum price that sellers can charge is called:\n○ a price ceiling\n○ a tax on buyers\n○ a price floor\n○ a tax on sellers

Answer

Brief Explanations:

A price - floor is a legal minimum price set by the government. It ensures that sellers cannot charge a price below this level. A price ceiling is a maximum price, and taxes on buyers or sellers are not related to setting a minimum price for sellers.

Answer:

C. a price floor