A price control always benefits consumers.

Name: A price control always benefits consumers.
Brand: Quizplus
Rating: 4.8 (48 reviews)

Question

Quizplus · Accepted Answer

Price controls may benefit some consumers by keeping prices lower, but they can also have negative effects such as shortages, reduced quality, and decreased investment in production. Additionally, price controls may harm producers and lead to a decrease in supply. Therefore, it is not always the case that price controls benefit consumers.

A Price Control Always Benefits Consumers