The fact that many people drive faster than the posted speed limit suggests that
A) not all price floors are enforceable.
B) not all price and quantity regulations are enforceable.
C) individual drivers act irrationally.
D) government regulation is utterly useless.
Correct Answer:
Verified
Q129: A price restriction that tells suppliers the
Q130: Suppose the market for a good is
Q131: Q132: Suppose the market for potatoes can be Q133: Producer groups tend to lobby for Q135: Assume that the market for annual physical Q136: Suppose that government decides to create a Q137: Import quotas on steel tend to result Q138: Usury laws place a ceiling on interest Q139:
A) price
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