Solved

What Is the Most Likely Result of the Imposition of a Price

Question 78

Multiple Choice
What is the most likely result of the imposition of a price floor in the market for rental cars

What is the most likely result of the imposition of a price floor in the market for rental cars


A) free gasoline given to people as an incentive to rent a car
B) poor engine maintenance in rental cars
C) an accumulation of dirt in the interior of rental cars
D) slow replacement of old rental cars with new ones

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents