Rapidly Increasing Child Daycare Costs Have Been a Major Political

Multiple Choice

Rapidly increasing child daycare costs have been a major political concern since well before 1992.Suppose that the government sets the maximum price for daily child daycare expenses at $20 per day,but the current market price is $40 per day.What is MOST likely to happen?

A) More people will try to get access to the lower-cost child daycare,but there will be fewer daycares with spots available at that price.
B) The same number of people will try to get access to daycare,and the same number of childcare centres are willing to accept them at that price.
C) More people will have access to daycare,since the price is lower.
D) Fewer people will try to enrol their children in daycare,and fewer daycare centres will be accepting new children at that price.