Quote:
Originally Posted by Nickelson
A Floor = Price Floor, the minimum something can be charged generally by law and within the case of the minimum wage, its the minimum wage that can be paid.
It might not be a buisness term but its an economic term  .
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I only did Economic O-level, which equates to one of your modern day degrees, but in those days we were taught not to use half terms.
Since we aren't a student forum, perhaps you might find more success on here using clearer, more concise, English, rather than abridged terms you've come across in class.
