Question

when the government imposes price floors or price ceilings,
a. everyone wins, goods and services distribution is more just, and there is an increase in economic efficiency.
b. some people win, some people lose, and there is an increase in economic efficiency.
c. some people win, some people lose, and there is a loss of economic efficiency.
d. everyone wins, goods and services distribution is more just, and there is a loss of economic efficiency.

Explanation:

Price floors and ceilings disrupt the natural market - clearing equilibrium. Some groups (e.g., producers with price - floors, consumers with price - ceilings) may benefit, while others are worse - off. Also, they create deadweight losses, reducing economic efficiency.

Answer:

C. some people win, some people lose, and there is a loss of economic efficiency.