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Minimum wage and farming price control are examples of _____. market-clearing prices price ceilings price floors
Weegy: Minimum wage and farming price control are examples of price floors. User: In a free market economy, the decisions made by buyers and sellers push the price of a good or service toward the _____. price ceiling equilibrium price price floor User: People are demanding more apartments than sellers are willing to offer. This means that there is a _____ of apartments. surplus shortage mimimum quantity Weegy: This means that there is shortage of apartments. source: [ ] (More)
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Asked 1/28/2013 6:50:09 AM
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Unfortunately, no one buys your bracelets at a price of $10. This is a signal for you to _____. make more bracelets lower your price increase your costs
Weegy: Unfortunately, no one buys your bracelets at a price of $10. This is a signal for you to: lower your price. (More)
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Asked 1/28/2013 7:04:33 AM
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At the lowest price for a TV, producers will supply the _____ televisions. most least
Weegy: At the lowest price for a TV, producers will supply the substandard televisions. (More)
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Asked 1/28/2013 7:06:04 AM
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A monopoly has _____ seller(s), but perfect competition has _____ seller(s). one, zero many, one one, many
Weegy: A monopoly has many seller(s), but perfect competition has one seller(s). (More)
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Asked 1/29/2013 6:55:37 AM
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In perfect competition, producers _____ the price determined by buying and selling decisions in the marketplace. take make
Weegy: In perfect competition, producers "make" the price determined by buying and selling decisions in the marketplace. The answer is Make. (More)
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Updated 1/29/2013 8:26:42 AM
2 Answers/Comments
In perfect competition, producers TAKE the price determined by buying and selling decisions in the marketplace.

Because all firms in such an industry are small and have homogeneous products, each firm is a price taker.
Added 1/29/2013 8:26:10 AM
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Added 1/29/2013 8:26:42 AM
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