Which of the Following Is the Most Likely Explanation for the Imposition

question 162

Multiple Choice

Which of the following is the most likely explanation for the imposition of a price ceiling on the market for milk?

• A)Policymakers have studied the effects of the price ceiling carefully,and they recognize that the price ceiling is advantageous for society as a whole.
• B)Buyers of milk,recognizing that the price ceiling is good for them,have pressured policymakers into imposing the price ceiling.
• C)Sellers of milk,recognizing that the price ceiling is good for them,have pressured policymakers into imposing the price ceiling.
• D)Buyers and sellers of milk have agreed that the price ceiling is good for both of them and have therefore pressured policymakers into imposing the price ceiling.

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