Solved

Which Statement Is a Reason for Governments Imposing or Maintaining

Question 54

Multiple Choice

Which statement is a reason for governments imposing or maintaining price controls?


A) Some consumers and producers can benefit from price controls.
B) Price controls prevent the deadweight loss that occurs when the market is in equilibrium.
C) The government earns revenue from price controls.
D) Price controls improve the efficiency of the market.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions