Which of the Following Statements Are True About Price Controls

question 82

Multiple Choice

Which of the following statements are true about price controls used by some local governments?

• A) Price controls are imposed to increase market efficiency.
• B) Price controls seem to be a very effective way to reduce inequities.
• C) Price controls are put into place when it is thought that the market price is in some way unfair or inequitable.
• D) All of the above statements are true.

---

Definitions:

Advertising Appeal

The underlying theme or idea used in an advertising campaign to attract the target audience’s interest and persuade them.

GEICO

is an American auto insurance company that offers a wide range of personal insurance products. GEICO is known for its distinctive advertising and commitment to customer service.

Bebe

A fashion brand known for its contemporary women's clothing, accessories, and fragrance products.

Television Ratings

A measurement of the number of viewers or households watching a television program, used to determine the program's popularity.