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

question 68

Multiple Choice

Which of the following is the most likely explanation for the imposition of a price floor on the market for corn?

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

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Definitions:

Corporate Incubators

Programs set up by large companies to nurture young firms and startups through providing resources, mentorship, and possibly capital, with the aim of driving innovation.

Innovative Attempts

Efforts made to introduce new ideas, products, or methods, aiming to improve efficiency or solve existing problems.

Senior Line Managers

High-ranking executives responsible for overseeing the operations and performance of specific departments or divisions within an organization, often having direct authority over personnel decisions and departmental strategies.

Company Culture

Company culture refers to the shared values, beliefs, and behaviors that characterize the social and psychological environment of a business, influencing its operations and employee behavior.