Question

If the price of natural gas rises to a level where most home owners cannot afford to heat their homes, what could the government do? A) The government should raise taxes on the natural gas company to slow inflation. B) The government should lower taxes on the natural gas company to cut input costs. C) The government should set a minimum price natural gas can be sold, creating a price floor. D) The government should set a maximum price natural gas can be sold, creating a price ceiling.

Answer 1

I would say the answer is D0 The government should set a maximum price natural gas can be sold, creating a price ceiling.