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A pedestrian trips and falls on a poorly lit sidewalk in front of Kate Geller's house and is injured.If the pedestrian sues for damages,which of the following parties would most likely be liable to pay the damages?
Nonbinding Price Floor
A minimum price set by the government that is below the equilibrium price, having no effect on the market price or quantity sold.
Consumers
Consumers are individuals or entities that use or consume goods and services for personal use, not for manufacturing or resale.
Producers
Individuals or entities that create, manufacture, or grow products for the purpose of selling them to consumers or other businesses.
Price Support
Government interventions or policies designed to maintain the market price of a commodity or product at a certain level, usually to protect producers' incomes.
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