Multiple Choice
In a move to free the economy from unnecessary regulation, Congress passes legislation to remove sugar price supports.What would most likely happen to the number of producers of sugar?
A) It would decrease, because sugar prices would fall.
B) It would decrease, because sugar prices would rise.
C) It would increase, because sugar prices would fall.
D) It would increase, because sugar prices would rise.
Correct Answer:
Verified
Correct Answer:
Verified
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