Answer: $7.01 per pint
Explanation:
When a Price Floor is set on a good, it means that the sellers of this good cannot sell at a price below the price floor. If the price floor for internet subscription was $5 for instance, internet provider cannot sell this subscription for less than $5.
A price floor is said to be binding when it is higher than the equilibrium price of the good. The price here is $7 so the minimum binding price that will be above the equilibrium will be $7.01.
