Price Floor Meaning In Urdu

You can find translation in urdu and roman urdu that is chipta for the word flat.

Price floor meaning in urdu. A lower limit set by a government on the price that can be charged for a product or service. Price floor is a situation when the price charged is more than or less than the equilibrium price determined by market forces of demand and supply. Price floor is a price control typically set by the government that limits the minimum price a company is allows to charge for a product or service its aim is to increase companies interest in manufacturing the product and increase the overall supply in the market place. This video give the basic concept of price ceilings and price floors in economics.

Price floor has been found to be of great importance in the labour wage market. You can get more than one meaning for one word in urdu. This control may be higher or lower than the equilibrium price that the market determines for demand and supply. You have searched the english word flat which means چپٹا chipta in urdu.

The price floors are established through minimum wage laws which set a lower limit for wages. You can get more than one meaning for one word in urdu. You have searched the english word floor which means فرش farsh in urdu. Any employer that pays their employees less than the specified.

Flat meaning in urdu has been searched 37844 thirty seven thousand eight hundred and forty four times till oct 03 2020. By observation it has been found that lower price floors are ineffective. For example the uk government set the price floor in the labor market for workers above the age of 25 at 7 83 per hour and for workers between the ages of 21 and 24 at 7 38 per hour. Floor meaning in urdu has been searched 26984 twenty six thousand nine hundred and eighty four times till aug 12 2020.