What would be the effect of a

mandate by the government to sell

goods at prices above market

equilibrium?

A. The result would be an economic shortage of cash.

B. The result would be an economic surplus of goods.

C. The result would be a more efficient marketplace.

Question

Law

Nathen

15 June, 06:58

What would be the effect of a

mandate by the government to sell

goods at prices above market

equilibrium?

A. The result would be an economic shortage of cash.

B. The result would be an economic surplus of goods.

C. The result would be a more efficient marketplace.

+1

Answers (1)

Know the Answer?

Elaine Fuller · Answer 1

Answer:B

Explanation:because the government wants to protect the income of the producers especially agriculture producers by buying the surplus from them setting the price above the equilibrium.

What would be the effect of amandate by the government to sellgoods at prices above marketequilibrium?A. The result would be an economic shortage of cash.B. The result would be an economic surplus of goods.C. The result would be a more efficient marketplace.

What would be the effect of a

mandate by the government to sell

goods at prices above market

equilibrium?

A. The result would be an economic shortage of cash.

B. The result would be an economic surplus of goods.

C. The result would be a more efficient marketplace.