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Which of the following statements summarize the winners and losers of a government-controlled market? Multiple select question. Landlords are winners with price ceilings as there
Which of the following statements summarize the winners and losers of a government-controlled market? Multiple select question. Landlords are winners with price ceilings as there will be increased demand for their housing and the price will increase. Farmers are winners with price floors because they will be willing to produce and offer more and make more money. Consumers are losers with price floors as prices of products will increase. Landlords are losers with rent controls as it is less attractive for landlords to offer housing at the lower price. Families are winners with rent controls as more families are willing to consume rental housing at the lower price. Consumers are winners with price floors as more products will be available at a price they are willing to pay
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