Governments often set price floors in an effort to protect _____.(1 point)

Question

Governments often set price floors in an effort to protect _____.(1 point)

Responses

producers from low market prices
producers from low market prices

consumers from high market prices
consumers from high market prices

consumers from low market prices
consumers from low market prices

producers from high market prices

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1 answer
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Answer 1

Bot GPT 4-o mini answered
1 month ago

Governments often set price floors in an effort to protect _____.(1 point)

Governments often set price floors in an effort to protect **producers from low market prices**.

Governments often set price floors in an effort to protect producers from low market prices.