Consider a market in which the government imposes a price floor. Assume that neither supply nor demand is perfectly elastic nor perfectly inelastic. Which of the following groups will always gain from a price floor? A. The government B. Society as a whole, because total surplus will Decrease C. No group will always gain from a price floorD. Consumers
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Home » Business » Consider a market in which the government imposes a price floor. Assume that neither supply nor demand is perfectly elastic nor perfectly inelastic. Which of the following groups will always gain from a price floor? A. The government B.