The most likely reason that the government implements a price _____ is because it feels the price is too high for _____.
A)ceiling;consumers
B)floor;consumers
C)ceiling;producers
D)floor;producers

Question

Quizplus · Accepted Answer

A price ceiling is a maximum price that can be charged for a good or service. It is typically implemented to protect consumers from prices that are perceived as too high. Therefore, the government would implement a price ceiling if it feels that the price is too high for consumers.

The Most Likely Reason That the Government Implements a Price