Which of the Following Is a Prominent Argument Against the Use

question 4

Multiple Choice

Which of the following is a prominent argument against the use of price floors?

• A) Non-price rationing must occur and can lead to consumers waiting for goods or services.
• B) The cost to taxpayers will increase if the government buys all surplus.
• C) Producers will reduce the quality of the goods they sell.
• D) Price floors transfer surplus from producers to consumers.