Multiple Choice
Of the following cause-and-effect relationships,which is the most likely that induced a price floor on the market for soybeans?
A) Government-funded economists have determined that a price floor is good for society,and Congress enacted legislation for it.
B) Major consumers and producers in the soybean market have formed an association that has determined that a price floor would increase profits and lobbied Congress for legislation to enact it.
C) Producers of soybeans know a price floor will protect their profits and they lobbied Congress for legislation to enact it.
D) Consumers of soybeans know a price floor will protect their profits and they lobbied Congress for legislation to enact it.
E) Agricultural workers know a price floor will protect their jobs and they lobbied Congress for legislation to enact it.
Correct Answer:

Verified
Correct Answer:
Verified
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