Label page 29 On a postit Standard SSMI3ab GOALS Identify amp illustrate price floorsprice ceilings on a graph Price Ceiling MAXIMUM legal price that can be charged for a product ID: 466141
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Slide1
Price Floor and Price Ceilings
Label page 29…
On a post-it…
Standard: SSMI3a-b
GOALS: Identify & illustrate price floors/price ceilings on a graph
.Slide2
Price Ceiling: MAXIMUM legal price that can be charged for a productSlide3
Price Floor: LOWEST legal price that can be paid for a good/service