Government attempts to lower,raise,or simply stabilize prices can:

Name: Government attempts to lower,raise,or simply stabilize prices can:
Brand: Quizplus
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Question

Quizplus · Accepted Answer

All of these are true. Attempts to alter prices can have unintended consequences and potentially decrease total surplus. In some cases, it can even lead to shortages or surpluses in supply and demand. Thus, the government should consider carefully the potential consequences before intervening in the market.

Government Attempts to Lower,raise,or Simply Stabilize Prices Can