If the Government Thinks the Price That a Consumer Has

question 23

Multiple Choice

If the government thinks the price that a consumer has to pay for a good is too high,then which of the following would solve this problem?

• A) a price ceiling or an excise tax
• B) a price floor or an excise tax
• C) a price ceiling or a subsidy
• D) a price floor or a subsidy
• E) none of the above will lower the price a consumer has to pay for a good

Understand the use of financial ratios and industry benchmarks for business analysis.

Grasp the importance of regular financial record keeping and its impact on decision-making.

Comprehend the necessity of cash budgeting and projections for effective financial planning.

Evaluate the effectiveness of management through financial metrics.