The remaining 7 types of woodpeckers live in the central states into the western regions of the United States and Mexico. These are the Acorn Woodpecker, Arizona Woodpecker, Gila Woodpecker, Golden-fronted Woodpecker, Ladder-backed Woodpecker, Lewis's Woodpecker and the Nuttall's Woodpecker.
Dictionary entry overview: What does price floor mean? â¢ PRICE FLOOR (noun) The noun PRICE FLOOR has 1 sense: 1. floor below which prices are not allowed to fall Familiarity information: PRICE FLOOR used as a noun is very rare.
Price Floors When a price floor is set, a certain minimum amount must be paid for a good or service. If the price floor is below a market price, no direct effect occurs. If the market price is lower than the price floor, then a surplus will be generated. Minimum wage laws are good examples of price floors. In many states, the U.S. minimum wage law has no effect, as market wage rates for low-skilled workers are above the U.S. minimum wage rate.