Price Floor

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+A price floor is a government-mandated [minimum price](/wiki/minimum_price) that sellers can charge for a good or service. Set to protect producers, it can create a market [surplus](/wiki/surplus) if placed above the natural equilibrium.
+## See also
+- [Price Ceiling](/wiki/price_ceiling)
+- [Supply and Demand](/wiki/supply_and_demand)
+- [Market Intervention](/wiki/market_intervention)
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