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Econedlink: Price Ceilings and Floors Video and Quiz

Curated by ACT

This video teaches the concept of Price Ceilings and Floors. A price ceiling is a legally established maximum price while a price floor is a legally established minimum price. The website contains an interactive quiz and links for related lesson plans.

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Concepts
markets
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Additional Tags
demands, price ceiling, price floor, supply, econedlink: price ceilings and floors, price
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Classroom Considerations
  • Knovation Readability Score: 3 (1 low difficulty, 5 high difficulty)