According to Economics in One Lesson, what will happen if the government sets a minimum price for a product but doesn’t restrict its output? A)The community will experience a net gain in production.
B) Consumers won’t be able to buy the product due to the shortage that will be created.
C) The market for that product will become much more stable.
D) Unsold surpluses of the product will pile up until the market collapses.

Which of the following statements is true of unsought products? as compared to convenience products, unsought products are purchased more frequently. unsought products are consumer products and services that customers usually buy frequently, immediately, and with minimal comparison and buying effort. a life insurance policy is an example of an unsought product. unsought products have strong brand identification for which a significant group of buyers is willing to make a special purchase effort. unsought products are those products purchased for further processing or for use in conducting a business.