Price Floor

  

As low as it can go. Maybe that floor is a price set by government. Like..."You can’t price dump your foreign-made semiconductors into our markets below a buck each." Or it’s a price floor set by the marginal cost of a unit. Companies won’t sell below their marginal cost of producing something or they go BK fast.

See: Price Ceiling for gory details on the other end of this sordid story.

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