The Harmful Effect of a Price Floor to ________ Is

question 171

Multiple Choice

The harmful effect of a price floor to ________ is ________.

• A) producers; the selling price of the product is below the equilibrium price
• B) producers; the floor creates a surplus of the product
• C) consumers; the selling price of the product is below the equilibrium price
• D) consumers; the floor creates a shortage of the product

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