HomeArtWhich of the following is an example of price floor ? 3659. Which of the following is an example of price floor ?By Admin / September 14, 2025 A. The minimum wage B. Rent controls C. Restricting petrol prices to Rs100 per litre when the equilibrium price is Rs150 per litre D. All of these answers are price floors ✅ The correct answer is option A.
1. If direct material cost is $5500 and prime cost is $25000, then direct manufacturing labour would be Leave a Comment / Art, Costing / By Administrator
2. LIFO method of pricing of materials is more suitable when _________. Leave a Comment / Art, Costing / By Administrator