Which of the Following Might Explain Why the Government Would

Multiple Choice

Which of the following might explain why the government would create a price floor for a certain good?

A) The equilibrium price that would result in the market would be considered too high
B) The equilibrium price that would result in the market would be considered too low
C) The equilibrium quantity that would result in the market would be considered too high
D) The equilibrium quantity that would result in the market would be considered too low
E) The market will never achieve equilibrium on its own