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Sublight2097 Sublight2097
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Posts: 4132
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8 years ago
When the market clearing price of gasoline after a hurricane spikes to $6.00 but legislators enact "anti-gouging" legislation that keeps prices at $4,
A)  consumers as a whole will tend to benefit.
B) producers will have less incentive to bring gasoline to the areas where gasoline is most highly valued.
C) government will ensure that no shortages will develop.
D) gasoline will be easier to purchase.
Textbook 
The Economic Way of Thinking

The Economic Way of Thinking


Edition: 13th
Authors:
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DropxDropx
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8 years ago
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Sublight2097 Author
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#2
8 years ago
I've noticed they use a lot of trickery with their questions. Thank you for your input.
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#3
8 years ago
Another success story!

I'm proud Smiling Face with Glasses
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#4
3 years ago
Answer A
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