The intent of this policy is best described as a price ceiling to help consumers afford gasoline. By setting a maximum price of $3 per gallon, the governor is attempting to make gasoline more affordable for consumers during the state of emergency caused by the hurricane.
The State of Georgia has declared a state of emergency due to hurricane that struck along the coast. Within the orders of the governor, he has declared a gas price freeze, meaning that gas stations are not allowed charge more than $3 per gallon of gas for the next two weeks. What is the intent of this policy?(1 point)
Responses
a price floor to cause gas shortages around Georgia
a price floor to cause gas shortages around Georgia
a price floor to increase the supply of gasoline
a price floor to increase the supply of gasoline
a price ceiling to decrease the demand for gasoline
a price ceiling to decrease the demand for gasoline
a price ceiling to help consumers afford gasoline
1 answer