3 ms·
I mean ceteris paribus. There are numerous other factors that can counter-act the negative impact of price floors, so introducing a price floor, especially one
by CryptoPunk 5y ago
I mean ceteris paribus. There are numerous other factors that can counter-act the negative impact of price floors, so introducing a price floor, especially one that only affects on the order of 4% of the merchandise, as in the case of minimum wage, does not always correspond with a rise in un-used capacity (unemployment), let alone one that is profound.