Hugo Chávez is the president of Venezuela.Venezuela is a major producer of oil products, which remain the keystone of Venezuela's economy.Suppose President Chávez wants to increase his popularity with the citizens of Venezuela and enacts a government policy that reduces the customer price of gasoline sold at state-owned gas stations to 50% of the previous price.This policy is called a:
A.price control.
B.price floor.
C.price ceiling.
D.quota.

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The Answer of Hugo Chávez is the president of Venezuela.Venezuela is a major producer of oil products, which remain the keystone of Venezuela's economy.Suppose President Chávez wants to increase his popularity with the citizens of Venezuela and enacts a government policy that reduces the customer price of gasoline sold at state-owned gas stations to 50% of the previous price.This policy is called a:
A.price control.
B.price floor.
C.price ceiling.
D.quota.

Hugo Chávez Is the President of Venezuela