File:European Wheat Prices - A Price Floor Example.jpg
No higher resolution available.
European_Wheat_Prices_-_A_Price_Floor_Example.jpg (390 × 347 pixels, file size: 607 KB, MIME type: image/jpeg)
 |
This is a file from the Wikimedia Commons |
Summary
| Description |
English: The intersection of demand (D) and supply (S) would be at the equilibrium point E0. However, a price floor set at Pf holds the price above E0 and prevents it from falling. The result of the price floor is that the quantity supplied Qs exceeds the quantity demanded Qd. There is excess supply, also called a surplus. |
| Date | |
| Source | https://openstax.org/details/books/principles-microeconomics (CNX_Econ_C03_013.jpg) |
| Author | OpenStax College |
Licensing
This file is licensed under the Creative Commons Attribution 4.0 International license.
- You are free:
- to share – to copy, distribute and transmit the work
- to remix – to adapt the work
- Under the following conditions:
- attribution – You must give appropriate credit, provide a link to the license, and indicate if changes were made. You may do so in any reasonable manner, but not in any way that suggests the licensor endorses you or your use.
File history
Click on a date/time to view the file as it appeared at that time.
| Date/Time | Thumbnail | Dimensions | User | Comment | |
|---|---|---|---|---|---|
| current | 02:44, 20 September 2017 | | 390 × 347 (607 KB) | Dave Braunschweig | User created page with UploadWizard |
File usage
The following 2 pages use this file:
Global file usage
The following other wikis use this file:
- Usage on th.wikibooks.org
