Respuesta :
An effective price floor will multiple choice force some firms in this industry to go out of business resulting in a product surplus.
What's business?
- Business is the exertion of making one's living or making plutocrat by producing or buying and dealing products( similar as goods and services).
- It's also" any exertion or enterprise entered into for profit."
- Having a business name doesn't separate the business reality from the proprietor, which means that the proprietor of the business is responsible and liable for debts incurred by the business.
- However, the creditors can go after the proprietor's particular effects, If the business acquires debts.
Why is business so important?
- Businesses help the society first through the distribution of goods and services which are essential for survival. likewise, they produce employment openings that help individualities within the society earn an income to go their requirements.
Learn more about business here:
https://brainly.com/question/15826771
#SPJ4
