Price ceilings are primarily targeted to help __________, while price floors generally benefit __________
a. producers; no one
b. increase tax revenue for governments; producers
c. increase tax revenue for governments; consumers
d. producers; consumers
e. consumers; producers
E
Economics
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A change in supply cannot be caused by a change in
a. resource prices b. technology c. prices of other goods d. the price of the good itself e. the number of suppliers
Economics
The income elasticity of demand for a good that is extremely necessary for the existence of its consumers is close to zero
a. True b. False Indicate whether the statement is true or false
Economics