Of the following cause-and-effect relationships,which is the most likely that induced a price floor on the market for soybeans?
A) Government-funded economists have determined that a price floor is good for society,and Congress enacted legislation for it.
B) Major consumers and producers in the soybean market have formed an association that has determined that a price floor would increase profits and lobbied Congress for legislation to enact it.
C) Producers of soybeans know a price floor will protect their profits and they lobbied Congress for legislation to enact it.
D) Consumers of soybeans know a price floor will protect their profits and they lobbied Congress for legislation to enact it.
E) Agricultural workers know a price floor will protect their jobs and they lobbied Congress for legislation to enact it.

Question

Quizplus · Accepted Answer

Producers of soybeans would lobby for a price floor because it directly benefits them by ensuring that the price of soybeans cannot fall below a certain level, thus protecting their profits.

Of the Following Cause-And-Effect Relationships,which Is the Most Likely That