Price Floors Are Often Instituted for Which of the Following

question 95

Multiple Choice

Price floors are often instituted for which of the following purposes?

• A)To prevent inflation
• B)To make goods and services accessible to all income levels
• C)To increase the income of sellers
• D)To increase the wages of workers
• E)To do all of the above

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Definitions:

Organic Groups

Clusters or families of organic compounds sharing common characteristics or structural features, often categorized by their functional groups.

Protein

Big biological molecules made up of one or more lengthy strands of amino acid components, essential for the formation, operation, and control of the body’s organs and tissues.

Adenine

A purine base found in DNA and RNA, which pairs with thymine in DNA and with uracil in RNA during the formation of nucleic acids.

Nucleotide

A basic building block of DNA and RNA, consisting of a sugar, a phosphate group, and a nitrogenous base.