Why do many consumers and politicians advocate for pricecontrols?
A) Price controls are the only way for the poor to obtain certain goods when prices rise.
B) Most consumers and politicians do not advocate for price controls, as they understand their negative
Consequences.
C) Price controls appear to be a straightforward response to the problem of price increases.
D) The gains in consumer surplus typically outweigh the loss in producer profits.
Correct Answer:
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