The government might impose a price floor if _____ can make a strong moral or political argument for _____ prices.
A) demanders; lower
B) suppliers; lower
C) demanders; higher
D) suppliers; higher

Question

Quizplus · Accepted Answer

A price floor is typically imposed to ensure that suppliers receive a minimum price for their goods, often due to moral or political reasons to protect their income.

The Government Might Impose a Price Floor If _____ Can