Reds Blog. Reds' 2015 schedule (Photo: Reds.com). The Pirates will be the Opening Day opponent for the Reds in 2015, with Pittsburgh opening at Great American Ball Park on April 6.The Cardinals will come to town after the Pirates, as all but one April game will be against a National League Central opponent.eds Blog. Reds' 2015 schedule (Photo: Reds.com). The Pirates will be the Opening Day opponent for the Reds in 2015, with Pittsburgh opening at Great American Ball Park on April 6.
I have read that a price floor causes a surplus, but to me it doesnt make sense because you would thinking since price floor is the minimum price that it would cause a shortage. If possible could someone or a group of people clarify how surplus and shortages relate to price floors and price ceilings. Add your answer.
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.