Refer to the following graph. Suppose this graph represents the market for cheese. In order to keep the price of cheese at Pf, government must:
A)devise a mechanism to ration cheese to consumers.
B)cause the supply of cheese to increase.
C)cause the demand for cheese to decrease.
D)prevent the excess supply from reaching the market.

Question

Refer to the following graph.  Suppose this graph represents the market for cheese. In order to keep the price of cheese at Pf, government must:
A)devise a mechanism to ration cheese to consumers. 
B)cause the supply of cheese to increase. 
C)cause the demand for cheese to decrease. 
D)prevent the excess supply from reaching the market.

Quizplus · Accepted Answer

The Answer of Refer to the following graph.  Suppose this graph represents the market for cheese. In order to keep the price of cheese at Pf, government must:
A)devise a mechanism to ration cheese to consumers. 
B)cause the supply of cheese to increase. 
C)cause the demand for cheese to decrease. 
D)prevent the excess supply from reaching the market.

Refer to the Following Graph