Multiple Choice
If the government establishes a price floor, it must also be prepared to
A) sell any additional goods created by the price floor
B) create ration coupons to allocate the goods among consumers
C) enter the market as an additional demander of the good
D) handle the resulting excess demand
E) create incentives for producers to remain in the market
Correct Answer:

Verified
Correct Answer:
Verified
Q38: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB10702/.jpg" alt=" -Using Exhibit F-5,
Q39: Price ceilings make the decision about how
Q40: One of the problems created by price
Q41: A shortage of a good exists when<br>A)
Q42: Consumers and producers face each other in
Q44: If the demand for consumer goods increases,
Q45: A price floor is a reasonable price
Q46: Usury laws<br>A) limit the use of land
Q47: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB10702/.jpg" alt=" -Using Exhibit F-6,
Q48: Advances in productivity per acre can harm