If the Government Intervened in the Market by Lowering the Price

question 95

Multiple Choice

If the government intervened in the market by lowering the price of a good below the equilibrium price, which of the following would NOT occur?

• A) Some consumers would receive an increase in consumer surplus.
• B) Producers would likely lose some producer surplus.
• C) The outcome would be efficient.
• D) Total surplus would be lower.

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