Question

The government of Marketland imposes a price ceiling on milk.

Why would the government of Marketland take such an action?
To help producers 1 make milk, which is important to children
To help consumers 2 afford milk, which is important to children
To help the 3 government collect taxes on milk

Answer 1

[AI-generated answer — Bot GPT 3.5]

The government of Marketland would take such an action to help consumers afford milk, which is important to children. Price ceilings are typically implemented to ensure that essential goods, like milk, remain affordable for the general population, particularly those with lower incomes. By imposing a maximum price on milk, the government aims to prevent excessively high prices and ensure that consumers, especially children, have access to this important product.