Find the smallest amount

[Brian]

Is there a formula I can use to tell me the smallest amount for a list of
values?
For example:

Column A B C
Dog Black $100
Cat Black $50
Dog Black $50
Dog White $25

I want a formula that will tell me the smallest value for Dog & Black is $50

 

[Don Guillett]

This is an array formula that must be entered using ctrl+shift+enter and pls
notice the ranges are the same size.
=MIN(IF((O14:O24="dog")*(P1424="black"),Q14:Q24))