Protect consumers against harm from products on the market.

The correct answer is the government regulations. The government regulations are being placed and established by means of ensuring that the market are able to run effectively and to be able to protect the consumers through the regulations by which the government agencies are responsible for regulating and implementing the policies.

the answer is "b.the increased supply will create a surplus. "

the essential thought behind price controls is straightforward - utilize the power of law to modify the equilibrium of a market. for instance, the legislature may choose that the steel business needs to survive, and in this way pass a law to set a value floor on steel. this implies all steel sold must offer at or over the floor value, which must be set over the equilibrium cost for it to have any impact. the switch could likewise happen - the administration can choose that steel is excessively costly and set a value roof underneath its equilibrium value, with the goal that all steel must be sold at or beneath that ceiling.