Which of the Following Statements Is Correct

question 231

Multiple Choice

Which of the following statements is correct?

• A)Low prices may not always be in the public interest.
• B)If prices on scarce resources are set "too low," consumers will receive the "wrong" signals and be encouraged to consume more, thus squandering resources.
• C)Raising prices on scarce resources is generally politically unpopular.
• D)All of the responses are correct.