The predominant condition that encourages governments to place price floors on markets is
A) the need for consumers to buy products at reasonable prices
B) a war situation in which excess demands occur resulting in price increases
C) a substantial increase in income, which shifts the demand curve to the left
D) a series of substantial crop failures that shift the supply curve of food to the left
E) technological changes that shift the supply curve to the right
Correct Answer:
Verified
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