price floor - Meaning in Tamil
price floor - Meaning in Tamil
Sorry, exact match is not available in the bilingual dictionary.
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Definitions and Meaning of price floor in English
price floor noun
- floor below which prices are not allowed to fall
Example
- "the government used price supports to maintain the price floor"
Description
A price floor is a government- or group-imposed price control or limit on how low a price can be charged for a product, good, commodity, or service. It is one type of price support; other types include supply regulation and guarantee government purchase price. A price floor must be higher than the equilibrium price in order to be effective. The equilibrium price, commonly called the "market price", is the price where economic forces such as supply and demand are balanced and in the absence of external influences the (equilibrium) values of economic variables will not change, often described as the point at which quantity demanded and quantity supplied are equal. Governments use price floors to keep certain prices from going too low.
Also see "Price floor" on WikipediaWhat is price floor meaning in Tamil?
The word or phrase price floor refers to floor below which prices are not allowed to fall. See price floor meaning in Tamil, price floor definition, translation and meaning of price floor in Tamil. Learn and practice the pronunciation of price floor. Find the answer of what is the meaning of price floor in Tamil.
Other languages: price floor meaning in Hindi
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What is price floor meaning in Tamil, price floor translation in Tamil, price floor definition, pronunciations and examples of price floor in Tamil.