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Retnec Retnec
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7 years ago
A price support
A) is a legally established maximum price.
B) generally results in a surplus.
C) generally results in a shortage.
D) can cause the quantity demanded to exceed the quantity supplied.
E) tends to discourage production but encourage consumption.
Textbook 
Introduction to Economic Reasoning

Introduction to Economic Reasoning


Edition: 8th
Author:
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foliogefolioge
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Retnec Author
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#2
7 years ago
You have the correct answer! Smiling Face with Halo
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