In response to the general public's complaints about "price gouging" by sellers, the government could impose a price floor.

Question

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A price floor sets a minimum price for a good or service, which is typically used to ensure producers receive a minimum income (e.g., minimum wage). To combat price gouging, the government would more likely impose a price ceiling, which sets a maximum price to prevent prices from becoming too high.

In Response to the General Public's Complaints About "Price Gouging