The government might impose a price floor if _____ in a market can make a strong moral or political argument for _____ prices.

A) consumers;lower
B) producers;lower
C) consumers;higher
D) producers;higher

Price Floor

A government or regulatory minimum price set above the equilibrium price, intended to ensure market participants receive a fair return.

Moral Argument

A rationale based on ethical principles and values to persuade or justify particular actions or beliefs.

Political Argument

A reasoned discourse or debate focused on a specific political issue, policy, or idea.