An effective price support ________ producers and ________ a deadweight loss.
A) has no effect on; does not create
B) benefits; creates
C) harms; creates
D) benefits; does not create
E) harms; does not create

Question

Quizplus · Accepted Answer

Price supports benefit producers by guaranteeing them a minimum price for their goods, but they create a deadweight loss by distorting market supply and demand, leading to inefficiencies.

An Effective Price Support ________ Producers and ________ a Deadweight

An Effective Price Support Producers and a Deadweight