Which of the following is not a problem associated with price floors? Select one: O a. the emergence of black markets for agricultural commodities O b. the transfer of income from consumers to producers O c. chronic excess supply O d. chronic excess demand O e. a higher price for consumers

ENGR.ECONOMIC ANALYSIS
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Which of the following is not a problem associated with price floors?
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O a.
the emergence of black markets for agricultural commodities
Ob. the transfer of income from consumers to producers
O C. chronic excess supply
O d. chronic excess demand
PO
O e. a higher price for consumers
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Transcribed Image Text:10) (sage 2 of 20)- Personal = Microsoft Edge tps://2021.tle.courses.open.uwi.edu/mod/quiz/attempt.php?attempt=11017&cmid%3D16128&page=1 earning Exchange 2021 CON1000 Principles of Economics 1 S1 21/22 Tim Question Which of the following is not a problem associated with price floors? lot yet Marked out of Select one: 00 Flag question O a. the emergence of black markets for agricultural commodities Ob. the transfer of income from consumers to producers O C. chronic excess supply O d. chronic excess demand PO O e. a higher price for consumers Previous page Type here to search al 直。 dp
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