Price ceilings are adopted in most cases because

A. the government favors a non-intervention policy.
B. producers need incentives to produce more of the good or service.
C. the government wants to create surpluses.
D. the government views the current equilibrium price as too high for consumers.

Answer: D

Economics

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a. money used as a standard of deferred payment. b. savings made available to borrowers. c. fiduciary currency. d. a form of liquid asset. e. bank loans converted into commodity money.

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The discount rate is the interest:

A. rate at which the central banks lend to the U.S. Treasury. B. rate at which the Federal Reserve Banks lend to commercial banks. C. yield on long-term government bonds. D. rate at which commercial banks lend to the public.

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