Refer to Scenario 3.2. The government wants to protect consumers from rising food prices. Therefore, price restrictions are imposed on lettuce growers prohibiting them from raising the price of lettuce. This will cause

A) an excess supply of lettuce.
B) an excess demand for lettuce.
C) an increase in the demand for lettuce.
D) a decrease in the supply of lettuce.

Price Restrictions

Regulations or limitations placed on the pricing of goods and services, often to control inflation or protect consumers.

Excess Demand

Excess Demand occurs when the quantity demanded of a good or service exceeds its quantity supplied at a particular price.

Government Intervention

Actions taken by a government to influence or directly regulate the economy, markets, or specific industries, often to correct market failures or promote social welfare.