The price paid by buyers in a market will decrease if the government

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9. The price paid by buyers in a market will decrease if the government a. imposes a binding price floor in that market. b. increases a binding price ceiling in that market. c. increases a tax on the good sold in that market. d. decreases a binding price floor in that market.

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Answer

Answer
Option d
decrease a binding price floor in the market because if the price
floor is binding then the price is above equilibrium if it is
decreasing then the price decreases paid by the buyer
other options
imposing binding price increases price paid by the consumer
increasing binding price ceiling also increases the price paid by
the consumer
the tax also increases the price paid by the buyer


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