When a Binding Price Floor Is Imposed on a Market

question 35

Multiple Choice

When a binding price floor is imposed on a market to benefit sellers,

• A)every seller in the market benefits.
• B)all buyers and sellers benefit.
• C)every seller who wants to sell the good will be able to do so,but only if he appeals to the personal biases of the buyers.
• D)some sellers will not be able to sell any amount of the good.

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