the lowest amount a manufacturer can pay factory workers is an example of\nan incentive.\na price floor.\na…
the lowest amount a manufacturer can pay factory workers is an example of\nan incentive.\na price floor.\na price ceiling.\nan elastic service.
Answer
Answer:
B. a price floor.
Brief Explanations:
A price floor is a minimum - set price. The lowest amount a manufacturer can pay workers is a minimum wage, which is a type of price floor. It sets a lower limit on the price (wage) of labor.