The presence of price floors in a market usually is an indication that:
A) there is an insufficient quantity of a good or service being produced.
B) the forces of supply and demand are unable to establish an equilibrium price.
C) sellers of the good or service outnumber the buyers.
D) policymakers believe the price floor does not involve inequities.

Question

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The Answer of The presence of price floors in a market usually is an indication that:
A) there is an insufficient quantity of a good or service being produced.
B) the forces of supply and demand are unable to establish an equilibrium price.
C) sellers of the good or service outnumber the buyers.
D) policymakers believe the price floor does not involve inequities.

The Presence of Price Floors in a Market Usually Is