The likely result of a price floor is:
A.a surplus of the good at a price above the market equilibrium price.
B.a shortage of the good at a price below the market equilibrium price.
C.a surplus of the good at a price below the market equilibrium price.
D.a shortage of the good at a price above the market equilibrium price.

Question

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The Answer of The likely result of a price floor is:
A.a surplus of the good at a price above the market equilibrium price.
B.a shortage of the good at a price below the market equilibrium price.
C.a surplus of the good at a price below the market equilibrium price.
D.a shortage of the good at a price above the market equilibrium price.

The Likely Result of a Price Floor Is